Shanghai Junshi Biosciences Co., Ltd. (Junshi Bio) announced that the planned shareholding reduction by major shareholder Shanghai Tanying Investment Partnership (LP) has lapsed without any transactions.
Key points:
1. Pre-plan holdings • Shanghai Tanying held 59.46 million A-shares, representing 5.79% of Junshi Bio’s total share capital. • All shares were acquired prior to the company’s IPO and have been freely tradable since 15 July 2021.
2. Reduction plan details • First disclosed on 19 December 2025. • Intended sale: up to 20.53 million shares, equal to 2.00% of total share capital, via block trades. • Planned period: 13 January 2026 to 10 April 2026.
3. Outcome • As of 10 April 2026, Shanghai Tanying had not executed any sales; its shareholding remains at 59.46 million shares (5.79%). • The reduction window has expired, and the plan is now closed.
4. Compliance confirmation • The company stated the non-implementation complies with Shanghai Stock Exchange regulations and the originally disclosed reduction plan.
Junshi Bio’s board affirmed the accuracy and completeness of the disclosed information and noted no violations or early termination of the reduction plan.
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