Hesheng Co. Actual Controller Plans to Reduce Stake by Up to 3%

Corporate Action
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Hesheng Co. announced that its controlling shareholder and actual controller Li Jianxiang, along with his concert party Li Jiang, plan to reduce their combined holdings by no more than 9.3352 million shares, representing 3% of the company's total share capital, through centralized bidding or block trades. The implementation of this reduction plan will not lead to a change in the company's control.

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