Guoyi Tender: Local Railways in Guangdong Province Plan to Reduce Holdings by 1.99%

date
30/07/2025
The Guoyi tender announcement states that Guangdong Local Railway Co., Ltd., a shareholder with a stake of more than 5%, currently holds 13.477 million shares, accounting for 8.76%. The company plans to reduce no more than 3.061 million shares through centralized bidding within 3 months after the disclosure date, with a reduction ratio not exceeding 1.99%. The source of the shares to be reduced is obtained before entering the selected layer, and the reason for the reduction is a normal exit from equity investment.