Guangdong Hai Feed Co., Ltd.: Controlling shareholders plan to collectively reduce their holdings by no more than 3%.

date
22/12/2025
Guangdong Hai Feed announced that the controlling shareholder Xia Company, the actual controller Zheng Shixuan, and their concerted action person Chengze Investment plan to reduce their holdings. They currently hold 37.80%, 0.15%, and 7.48% of the total share capital respectively. They plan to collectively reduce their holdings by no more than 20,906,294 shares from January 15, 2026 to April 14, 2026, which is not more than 3.00% of the share capital excluding shares held in the repurchase special account. Of this, no more than 13,937,594 shares will be reduced through block trades, and no more than 6,968,700 shares will be reduced through centralized bidding. The reduction is due to their own funding needs, and the implementation of this reduction plan is uncertain and will not affect the company's controlling interest.