Zangge Mining: Shareholders with more than 5% holding plan to reduce their holdings by 9.3371 million shares, and the plan is expected to be completed.
Tangge Mining announced that shareholder Xinsha Hongyun Investment, who holds more than 5% of the shares, due to capital needs, originally planned to reduce its holdings by a total of no more than 9.3371 million shares from October 24, 2025 to December 2, 2025, which is no more than 0.60% of the total share capital excluding the repurchased shares. During this period, it reduced holdings by 9.3371 million shares through centralized competitive trading, accounting for 0.60% of the total share capital excluding the repurchased shares. The price range for the reduction was between 57.50 - 65.19 yuan/share, with an average reduction price of 62.28 yuan/share. As of the disclosure date of the announcement, the reduction plan has been completed, and its shareholding ratio has decreased to 9.36% after the reduction.
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