Guizhou Tire: Controlling shareholder promises not to reduce holdings in the next year.

date
04/09/2025
Guizhou Tire announcement: The company's controlling shareholder, Guiyang Industrial Investment Co., Ltd., has pledged not to reduce its holdings of Guizhou Tire shares for the next twelve months starting from September 1, 2025. The holding amount is 341 million shares, accounting for 21.91% of the total shares. This commitment includes any additional shares resulting from capital reserves conversion or stock dividend distributions. If the commitment is violated, Guiyang Industrial Investment will donate all proceeds from the reduction of holdings to the company. The Board of Directors will supervise the controlling shareholder to comply with the commitment and fulfill the obligation of information disclosure.