Fudan Zhangjiang: The plan for shareholders holding more than 5% to reduce their holdings by 1% has been completed.
Fudan Zhangjiang announced that shareholder Yang Zongmeng held 64,009,773 shares of the company, accounting for 6.18% of the total share capital, before the implementation of the reduction plan. These shares will be fully unlocked and tradable starting from June 19, 2023. On November 5, 2025, Yang Zongmeng, due to personal financial needs, plans to reduce his holdings by no more than 10,365,721 shares through centralized bidding, which is not more than 1% of the total share capital. From November 26, 2025, to January 12, 2026, he accumulated a reduction of 10,365,721 shares, accounting for 1.00%, at a reduction price of 8.64 - 9.22 yuan/share, with a total amount of 91.08 million yuan. After the reduction, his holdings decreased to 53,644,052 shares, accounting for 5.18%.
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