Caiba Group: Shareholder Mingpai Manufacturing terminated the reduction plan in advance, actually reducing 0%

date
25/05/2026
Cai Bai Co., Ltd. announced that as of the disclosure date, shareholder Zhejiang Mingpai Industrial Co., Ltd. holds 126 million unrestricted tradable shares of the company, accounting for 16.20%. The shareholder disclosed on February 13, 2026, that it plans to reduce its holdings by a total of no more than 23,333,333 shares through centralized bidding and block trading within 3 months after 15 trading days, accounting for not more than 3%. On May 25, 2026, it decided to terminate the reduction plan ahead of schedule, with no actual reduction during the period, and it still holds 126 million shares, accounting for 16.20%.