Hongde Corporation (301163.SZ) plans to reduce its shares held by Nantong Yue Xiang, a specific shareholder, by no more than 0.66%.

Tencent Finance News, Hongde Shares (301163.SZ) announced that the company's specific shareholder Nantong Yuexiang Enterprise Management Co., Ltd. (limited partnership) (referred to as "Nantong Yuexiang") plans to reduce its holdings of the company's shares by no more than 536,600 shares (0.66% of the total share capital of the company) from September 29, 2025 to December 26, 2025 through centralized bidding and block trading.