Fosun: Controlling shareholder and concerted actor plan to reduce their stake by no more than 1.34%.
Fude announced that its controlling shareholder Shanghai Shenhe's concerted action persons Shanghai Zuzhen and Shanghai Zezu plan to reduce their holdings of the company's shares through centralized bidding and block trading from June 15 to September 14, 2026. Shanghai Zuzhen plans to reduce their holdings by no more than 6,362,709 shares, accounting for 0.86% of the total share capital; Shanghai Zezu plans to reduce their holdings by no more than 3,568,791 shares, accounting for 0.48% of the total share capital. The reason for the reduction is the personal fund needs of the shareholders' platform partners, and the source of the shares is from holdings before the initial public offering. The implementation of this reduction plan is uncertain, will not result in a change in control of the company, and will not have a significant impact on the ongoing operations.
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