Yonghui Superstores (601933.SH) Shareholder Plans to Reduce Holdings by Up to 1%

Stock News11-11

Yonghui Superstores Co., Ltd. (601933.SH) announced that it recently received a "Share Reduction Plan Notice" from Xishirun Herun No. 6 Private Securities Investment Fund, managed by Shanghai Xishirun Investment Management Co., Ltd., a concerted party of shareholder Zhang Xuansong. Due to its own capital needs, the fund intends to reduce its holdings in the company by no more than 90.75 million shares via centralized bidding, representing no more than 1% of the company's total shares. The reduction price will be determined based on market conditions. The reduction plan will be executed within three months starting 15 trading days after the announcement date.

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