TJCD: Controlling Shareholder Cuts Stake by 27.80%, Retains 33.02% Holding

Bulletin Express05-22

Tianjin Construction Development Group Co., Ltd. (TJCD) announced the completion of a planned reduction in the stake held by its controlling shareholder, Mr. Wang, executed via Shengyuan Holdings between 23 April and 22 May 2026.

The disposal comprised four block trades: • 22.24 million shares on 23 April • 16.75 million shares on 19 May • 11.00 million shares on 20 May • 22.00 million shares on 22 May

Across the period, 71.99 million shares were sold at an average price of HKD 0.90 per share, representing 27.80% of TJCD’s total issued share capital.

Following the transactions, Mr. Wang’s direct and indirect ownership has fallen to 85.51 million shares, equivalent to 33.02% of the company’s outstanding shares.

The board composition remains unchanged, with Mr. Wang continuing as Chairman and non-executive director alongside five executive directors and three independent non-executive directors.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1185981364?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-22 19:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1185981364","market":"us","top_or_hot":-1,"title":"TJCD: Controlling Shareholder Cuts Stake by 27.80%, Retains 33.02% Holding","media":"Bulletin Express","content":"<p>Tianjin Construction Development Group Co., Ltd. (TJCD) announced the completion of a planned reduction in the stake held by its controlling shareholder, Mr. Wang, executed via Shengyuan Holdings between 23 April and 22 May 2026.</p>\n<p>The disposal comprised four block trades:\n• 22.24 million shares on 23 April  \n• 16.75 million shares on 19 May  \n• 11.00 million shares on 20 May  \n• 22.00 million shares on 22 May</p>\n<p>Across the period, 71.99 million shares were sold at an average price of HKD 0.90 per share, representing 27.80% of TJCD’s total issued share capital.</p>\n<p>Following the transactions, Mr. Wang’s direct and indirect ownership has fallen to 85.51 million shares, equivalent to 33.02% of the company’s outstanding shares.</p>\n<p>The board composition remains unchanged, with Mr. Wang continuing as Chairman and non-executive director alongside five executive directors and three independent non-executive directors.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TJCD: Controlling Shareholder Cuts Stake by 27.80%, Retains 33.02% Holding</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTJCD: Controlling Shareholder Cuts Stake by 27.80%, Retains 33.02% Holding\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-05-22 19:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tianjin Construction Development Group Co., Ltd. (TJCD) announced the completion of a planned reduction in the stake held by its controlling shareholder, Mr. Wang, executed via Shengyuan Holdings between 23 April and 22 May 2026.</p>\n<p>The disposal comprised four block trades:\n• 22.24 million shares on 23 April  \n• 16.75 million shares on 19 May  \n• 11.00 million shares on 20 May  \n• 22.00 million shares on 22 May</p>\n<p>Across the period, 71.99 million shares were sold at an average price of HKD 0.90 per share, representing 27.80% of TJCD’s total issued share capital.</p>\n<p>Following the transactions, Mr. Wang’s direct and indirect ownership has fallen to 85.51 million shares, equivalent to 33.02% of the company’s outstanding shares.</p>\n<p>The board composition remains unchanged, with Mr. Wang continuing as Chairman and non-executive director alongside five executive directors and three independent non-executive directors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02515","symbol_name":"天津建发","start_time":0,"source_url":"","article_id":"1185981364","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1185981364","pubTimestamp":1779450262,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Tianjin Construction Development Group Co., Ltd. (TJCD) announced the completion of a planned reduction in the stake held by its controlling shareholder, Mr. Wang, executed via Shengyuan Holdings...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02515":"天津建发"},"translate_title":"TJCD：控股股东减持27.80%股份，保留33.02%持股","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02515":1},"content_text":"Tianjin Construction Development Group Co., Ltd. (TJCD) announced the completion of a planned reduction in the stake held by its controlling shareholder, Mr. Wang, executed via Shengyuan Holdings between 23 April and 22 May 2026.\nThe disposal comprised four block trades:\n• 22.24 million shares on 23 April  \n• 16.75 million shares on 19 May  \n• 11.00 million shares on 20 May  \n• 22.00 million shares on 22 May\nAcross the period, 71.99 million shares were sold at an average price of HKD 0.90 per share, representing 27.80% of TJCD’s total issued share capital.\nFollowing the transactions, Mr. Wang’s direct and indirect ownership has fallen to 85.51 million shares, equivalent to 33.02% of the company’s outstanding shares.\nThe board composition remains unchanged, with Mr. Wang continuing as Chairman and non-executive director alongside five executive directors and three independent non-executive directors.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1185981364","isCrawlerRequest":true}