The controlling shareholder of Zhejiang Shibao (01057) terminated the holdings reduction plan early and reduced its holdings by about 9.1282 million A-shares

Zhitong Finance App News, Zhejiang Shibao (01057) announced that the company recently received the “Notice Letter on Early Termination of the Holdings Reduction Plan and the Results of the Holdings Reduction” from the controlling shareholder Shibao Holdings. As of the disclosure date of this announcement, Shibao Holdings has reduced its holdings of 9,128,197 shares of the company's A shares during the holdings reduction plan period, accounting for 1.11% of the company's total share capital. The remaining unreduced holdings will no longer be reduced.