Longitude and Latitude Hengrun: Shareholders and directors holding more than 5% of the shares plan to reduce their holdings by 970,000 shares upon expiration.

date
14/01/2026
Jingwei Hengrun announced that the time interval for the share reduction plan of shareholder and director Cao Xuming, holding more than 5% of the shares, has expired. Before the reduction, Cao Xuming directly held 13,807,449 shares, accounting for 11.5101%. On September 16, 2025, he disclosed a plan to reduce no more than 1,000,000 shares, or no more than 0.8336% of the total shares of the company. From October 31, 2025 to January 6, 2026, Cao Xuming reduced a total of 970,000 shares through centralized bidding and block trades, accounting for 0.8086%, with a total reduction amount of 86,346,078 yuan. 30,000 shares of reduction were not completed, and the current shareholding ratio has decreased to 10.7015%.