Chu Huan Technology: Shareholders' reduction plan has reached its expiration, with a total reduction of 1.77% of shares.
Chuhuan Technology announced that its shareholder Zhejiang Chuhuan Investment had planned to reduce its holdings by a total of no more than 2.3956 million shares through centralized bidding and block trading from October 21, 2025 to January 20, 2026, which is not more than 3% of the total shares excluding repurchased securities in the special account. As of January 20, 2026, the reduction plan period expired, with Zhejiang Chuhuan Investment reducing 797,800 shares through centralized bidding and 617,000 shares through block trades, for a total reduction of 1.4148 million shares, accounting for 1.77%. After the reduction, Zhejiang Chuhuan Investment's holdings decreased to 2.6038 million shares, accounting for 3.26%. This reduction will not lead to a change in the company's controlling interest and will have no impact on its operations.
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