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Yingli Automotive's controlling shareholder, Cayman Yingli, reduces stake by 47.57 million shares
Yingli Automotive announced that its controlling shareholder, Cayman Yingli Industrial Co., Ltd., has cumulatively reduced its stake by 47.57 million shares through block trades and competitive bidding, representing 3% of the company's total share capital. In the first quarter of 2026, Yingli Automotive achieved revenue of 880 million yuan, with a net loss attributable to the parent company of 27.36 million yuan.