Chengdu Hongqi Chain (002697.SZ): Yonghui Superstores plans to reduce holdings by no more than 3% of shares.
Red Flag Chain (002697.SZ) announced that on December 22, 2025, the company received a notification letter from its shareholder Yonghui Superstores Co., Ltd. (referred to as "Yonghui Supermarket") regarding the plan to reduce its holdings of Chengdu Red Flag Chain Co., Ltd. shares. Yonghui Supermarket plans to reduce its holdings through centralized bidding to not exceed 13.6 million shares, representing no more than 1% of the company's total share capital; and through block trading to not exceed 27.2 million shares, representing no more than 2% of the company's total share capital.
Chengdu Hongqi Chain (002697.SZ) announced that on December 22, 2025, it received a notice from Yonghui Superstores Co., Ltd., a shareholder holding more than 5% of the shares, regarding the planned reduction of its stake in Chengdu Hongqi Chain Co., Ltd. ("Chengdu Hongqi Chain"). Yonghui Superstores plans to reduce its stake in Chengdu Hongqi Chain by no more than 13.6 million shares, representing less than 1% of the total share capital of the company, through competitive bidding. It also plans to reduce its stake by no more than 27.2 million shares, representing less than 2% of the total share capital of the company, through block trades.
Related Articles

New stock news | Red Avenue New Materials Group (603650.SH) submits application to Hong Kong Stock Exchange

MINSHENG EDU (01569): HKIAC makes a partial ruling ordering the respondent to fulfill the relevant terms of the SPA.

BRAINAURORA-B (06681) signs a brain health digital AI technology service cooperation agreement with Macau Mirror Lake Hospital.
New stock news | Red Avenue New Materials Group (603650.SH) submits application to Hong Kong Stock Exchange

MINSHENG EDU (01569): HKIAC makes a partial ruling ordering the respondent to fulfill the relevant terms of the SPA.

BRAINAURORA-B (06681) signs a brain health digital AI technology service cooperation agreement with Macau Mirror Lake Hospital.

RECOMMEND

Nine Companies With Market Value Over RMB 100 Billion Awaiting, Hong Kong IPO Boom Continues Into 2026
07/02/2026

Hong Kong IPO Cornerstone Investments Surge: HKD 18.52 Billion In First Month, Up More Than 13 Times Year‑On‑Year
07/02/2026

Over 400 Companies Lined Up For Hong Kong IPOs; HKEX Says Market Can Absorb
07/02/2026


