China Merchants Industry (600191.SH): Nanchuan Private Equity Plans to Reduce Holdings by No More Than 3%

Zhitong Finance APP news, Huazi Industry (600191.SH) announced that the company has recently received a notification from Guangdong Nanchuan Private Fund Management Co., Ltd. (representing the Nanchuan Fenghuo No. 5 Private Securities Investment Fund) (referred to as Nanchuan Private Fund). Due to the operational management needs of the fund itself, it intends to reduce its holdings in the company by no more than 14.548 million shares, which is no more than 3% of the companys total share capital, through a centralized bidding method and block trades, and will carry out this reduction plan within 90 natural days following 15 trading days from the announcement date of the reduction plan.