Blue Ocean Huateng: Controlling shareholders and their concerted parties plan to reduce their holdings of the company's shares by 1.54%.
Blue Ocean Huateng Announcement: The company's controlling shareholder Qiu Wenyuan and its concerted action person Minghuaxin Daxin New Economy Phase I Fund, Huateng Investment, and Zhongteng Investment collectively hold 32.3741 million shares of the company, accounting for 15.59% of the total share capital of the company. The planned total reduction of shares will not exceed 3.2 million shares, accounting for 1.54% of the total share capital of the company. Among them, Qiu Wenyuan will reduce his holdings by no more than 2.2 million shares, accounting for 1.06% of the total share capital of the company; Huateng Investment will reduce its holdings by no more than 750,000 shares, accounting for 0.36% of the total share capital of the company; Zhongteng Investment will reduce its holdings by no more than 250,000 shares, accounting for 0.12% of the total share capital of the company. The reasons for the reduction include Qiu Wenyuan's own capital needs, and Huateng Investment and Zhongteng Investment are for employee incentives. The reduction will be carried out through centralized bidding or block trading on the stock exchange, with a reduction period from July 14, 2025 to October 13, 2025. The reduction price will be determined based on market prices, but not lower than the issue price.
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