Action Education announced that Shanghai Yundun, a concert party of the company's controlling shareholder and actual controller, plans to reduce its holding by no more than 2 million shares through block trades and centralized bidding, representing no more than 1.6771% of the company's total share capital. Of this, no more than 1.37 million shares will be sold through block trades and no more than 630,000 shares through centralized bidding. The reduction period runs from October 20, 2026 to January 19, 2027, and the reason given is funding needs.
Shanghai Action Education Technology CO.LTD.Controlling shareholder's concert party Shanghai Yundun plans to sell up to 1.6771% of shares for funding needs, signaling a stake reduction.
