Nanxing Machinery's Controlling, Actual Shareholders Dispose of Stake

MT NewswiresFeb 17 05:57 ET

Nanxing Machinery (002757.SZ): The controlling shareholder and one of the actual controllers' concerted action partners have cumulatively reduced their shareholding by 1.03%.

On February 17, 2025, Gelonghui reported that Nanxing Machinery (002757.SZ) announced that the company received a notice of shareholding reduction from its controlling shareholder, Dongguan Nanxing Industrial Investment Co., Ltd. (referred to as 'Nanxing Investment'), and Mr. Zhan Rening, an action-in-concert with the actual controller of the company. Since the previous disclosure regarding the shareholding reduction of the controlling shareholder and action-in-concert of the actual controller reaching an integer multiple of 1% (Announcement No.: 2025-003), Nanxing Investment reduced its shareholding in the company on February 17, 2025, through the block trading system of the Shenzhen Stock Exchange.

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