Gree Electric Appliances Announces Major Shareholder Reduction

Stock News06-04

Gree Electric Appliances,Inc.Of Zhuhai (SHE: 000651) has released a notification regarding a shareholding reduction by a major stakeholder.

The company received a progress report on a share reduction from Zhuhai Mingjun Investment Partnership, a shareholder holding more than 5% of the company's shares. According to the filing, Zhuhai Mingjun sold 42.7931 million shares via block trade on June 4, 2026.

This transaction represents 0.7640% of the company's total share capital, or 0.7662% when excluding repurchased shares.

Prior to this change, Zhuhai Mingjun and its concert party, Ms. Dong Mingzhu, collectively held 1.015 billion shares, accounting for 18.1177% of the total shares and 18.1705% excluding repurchased shares.

Following the reduction, their combined holdings have decreased to 972 million shares. This now represents 17.3537% of the total share capital and 17.4043% when repurchased shares are excluded.

The change in their equity interest has reached a whole-number multiple of 1%, triggering a relevant disclosure requirement.

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