Aurora: Kunshun, a shareholder of Gongqing City, plans to reduce its stake by 3%.
According to the announcement by Aoruidi, the joint venture company Kunshun Entrepreneurship Investment, owned by Qingcheng, holds 137 million shares of the company, accounting for 4.96%. It plans to reduce its holdings by a maximum of 27.635 million shares through centralized bidding from August 27, 2025 to October 17, 2025, and by a maximum of 55.27 million shares through bulk trading, with a total reduction of no more than 82.905 million shares, accounting for 3% of the total share capital of the company.
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