ST Asia: The concerted action party diluted 1.17% of their holdings passively, and the reduction period has ended.

date
25/05/2026
ST Yasuke Announcement: The controlling shareholder's concerted action party, Shanghai Runhe Tongcai Asset Management Co., Ltd., triggered a forced liquidation due to default on margin financing and securities lending debt. From February 26 to March 6, 2026, a total of 5.0359 million shares of the company were passively reduced through centralized bidding and block trading, accounting for 1.17% of the total share capital of the company, with a total reduction amount of 33.8374 million yuan. As of the end of the reduction period, Runhe Tongcai still holds 7.822 million shares to be reduced, originally planned to reduce by no more than 12.8579 million shares. After the reduction, Runhe Tongcai holds 22.0896 million shares of the company, and the shareholding ratio has decreased from 6.33% to 5.15%.