Midsized Company: Shareholders owning more than 5% of the shares reduced their holdings by 1%, and the reduction plan has been completed.
Zhongwei Corporation announced that Shanghai Venture Capital, a shareholder holding more than 5% of the shares, implemented a reduction plan. From January 6th to January 21st, 2026, Shanghai Venture Capital reduced its company holdings by 6,261,453 shares through block trading, accounting for 1% of the total share capital. The total reduction amount was 20.63 billion yuan, with a reduction price range of 304.76 - 346.97 yuan per share. After the reduction, Shanghai Venture Capital's shareholding ratio decreased from 14.93% to 13.93%. The reduction plan has been completed in accordance with previous disclosures and commitments, does not trigger a tender offer, and does not affect the company's governance structure and ongoing operations.
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