MT Newswires Live09-09 14:47
Chongyi Zhangyuan Tungsten's (SHE:002378) controlling shareholder, Chongyi Zhangyuan Investment Holding, plans to reduce its stake in the company by up to 1%, according to a Wednesday disclosure on the Shenzhen bourse.
The stake represents 12 million shares.
The stake disposal will be implemented within three months, between Oct. 8, 2026 and Jan. 7, 2027.
Zhangyuan Investment currently owns 56.7% of the company's total shares, representing 681.5 million shares.
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