"Chongqing Gas: Shareholder Agricultural Bank of China Chongqing Branch intends to reduce its stake by no more than 1.80%"

date
22/05/2026
Chongqing Gas announced that its shareholder, Agricultural Bank of China Chongqing Branch, holds 7.05% of the company's shares. Due to operational needs, the bank plans to reduce its holdings by up to 28,098,600 shares, or 1.80% of the total share capital, through centralized bidding and block trading from June 15 to September 13, 2026. This includes a maximum of 15,610,300 shares through centralized bidding and a maximum of 12,488,300 shares through block trading. This divestment carries uncertainties, so investors are advised to be cautious.