Shanghai Aladdin Biochemical Technology Co., Ltd (688179.SH) major shareholder intends to reduce their stake by no more than 0.902%.

date
17:41 02/03/2026
avatar
GMT Eight
Aladdin (688179.SH) announced that the company's controlling shareholder, actual controller, and chairman Xu Jiuzhen, based on their own capital needs, plan to reduce their holdings through block trades within 3 months after 15 trading days from the date of this announcement, subject to compliance with laws and regulations, with the plan to reduce the number of company shares not exceeding 3 million shares (including this number), i.e. not exceeding 0.9020% of the company's total share capital.
Shanghai Aladdin Biochemical Technology Co., Ltd. (688179.SH) announced that the company's controlling shareholder, actual controller, and chairman Xu Jiuzhen plans to reduce his holdings of the company's stock through block trading within 3 months after the announcement, starting from the 15th trading day after the disclosure of the announcement. The quantity of shares to be reduced shall not exceed 3 million shares, or 0.9020% of the total share capital of the company, in compliance with laws and regulations.