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.
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