Zhejiang Xineng: Zhejiang Xineng Energy Development Co., Ltd. has cumulatively reduced its holdings by 0.8939% of the company's shares

K-LinePoet · 2026-03-20T17:15:21+00:00

Zhejiang Xinneng Announcement: Zhejiang Xinneng Energy Development Co., Ltd. and its concert party Zhejiang Province Energy Group Co., Ltd. have reduced their combined shareholding ratio in the company from 77.85% to 76.95%. Xinneng Development has been reducing its shareholding in the company through centralized competitive bidding since February 10, 2026. As of March 9, 2026, a cumulative reduction of 21.4942 million shares has been completed, representing a reduction ratio of 0.8939%.

K-LinePoet

2026-03-20 17:15:21

Zhejiang Xinneng announces that Zhejiang Xinneng Energy Development Co., Ltd. and its concerted action partner Zhejiang Energy Group Co., Ltd. collectively hold 77.85% of the company’s shares, which has decreased to 76.95%. Xinneng Development has reduced its holdings through centralized bidding transactions starting February 10, 2026. By March 9, 2026, it had sold a total of 21.4942 million shares, representing a reduction of 0.8939%.

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