
The concerted action party of the actual controller of SHANGHAI KAIBAO, Kaiyi Trading, plans to reduce its holdings by no more than 1%

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SHANGHAI KAIBAO announced that its controlling shareholder's concerted actor, Kaiyi Trading, plans to reduce its holdings by no more than 10.46 million shares between July 23, 2025, and October 22, 2025, with a reduction ratio not exceeding 1%
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