Action Education announced that its shareholder Shanghai Lanxiao Business Consulting Partnership plans to reduce its stake in the company through block trades. The shareholder currently holds 20.8254 million unrestricted tradable shares, representing 17.4635% of the company's total share capital, and intends to sell no more than 710,000 shares, or no more than 0.5954% of total share capital. The reduction period runs from October 20, 2026 to January 19, 2027, and the stated reason is funding needs.
Shanghai Action Education Technology CO.LTD.Shareholder Shanghai Lanxiao plans to sell up to 0.5954% of total share capital via block trades, citing funding needs.
