Beijing Kawin Technology Share-Holding (688687.SH)'s controlling shareholder plans to reduce their holdings by no more than 3.42 million shares of the company.

date
18:16 05/03/2026
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GMT Eight
Kaixin Technology (688687.SH) announced that its controlling shareholder Song'an Investment plans to reduce its holdings of the company's shares by a total of no more than 3.42 million shares through centralized bidding and block trading, accounting for 2.0007% of the company's total share capital, to meet the funding needs of Beijing Zhida Yuheng Economic Development Consulting Co., Ltd. and Xianghuichuan.
Beijing Kawin Technology Share-Holding (688687.SH) announced that the company's controlling shareholder, Song'an Investment, and Beijing ZhiDayuheng Economic Development Consulting Co., Ltd., as well as Xianghuichuan, have a capital need. Song'an Investment plans to reduce its total holdings of the company's shares by not more than 3.42 million shares, accounting for 2.0007% of the company's total share capital, through centralized bidding and block trading.