Funo Technology: Shareholder Shanghang Xingyuan reduces holdings by 3.686 million shares, cashing out 64.4646 million yuan.

date
13/11/2025
Furun Technology announced that Xingyuan, originally planned to reduce its holdings by no more than 24.237 million shares, accounting for no more than 1.9832% of the total share capital. From August 13, 2025 to November 12, it has accumulated to reduce holdings by 3.686 million shares through centralized bidding and block trading, accounting for 0.3016% of the total share capital, with a total reduction amount of 64.4646 million yuan. As of the disclosure date of the announcement, Xingyuan holds 20.551 million shares, accounting for 1.6816% of the total share capital, and the time interval of this reduction plan has expired.