Xinquan Co., Ltd. (603179.SH) one of the controlling shareholders Tang Zhihua intends to reduce his holdings by no more than 2%.

Zhtng Cijng APP news, Xnqun Stock (603179.SH) issued an announcement stating that the company received a notice from Mr. Tang Zhihua, one of the actual controllers of the company, on September 8, 2025, regarding his intention to reduce his holdings of Jiangsu Xinquan Automotive Parts Co., Ltd. shares. Due to personal financial needs, Mr. Tang Zhihua plans to reduce his holdings of the company's shares by a maximum of 9.7461 million shares within 3 months after 15 trading days from the disclosure date of the announcement, through centralized bidding and block trading methods, with a maximum reduction ratio of 2% of the total share capital of the company.