Venustech: Shareholders terminate the reduction plan ahead of schedule, with a cumulative reduction of 25.9562 million shares.

date
11/11/2025
Tianrongxin announced that its shareholder, Zheng Zhongnan, originally planned to reduce his holding of up to 34.8961 million shares from September 3 to December 2, 2025, not exceeding 3% of the total share capital. As of November 11, Zheng Zhongnan had already sold 25.9562 million shares, accounting for 2.2022% of the company's total share capital, reducing his shareholding to 4.999998%. After comprehensive consideration, Zheng Zhongnan decided to terminate the reduction plan early on November 11. This reduction did not violate any regulations, will not lead to a change in the company's control, and will not have a significant adverse impact on its daily operations.