NHL: Tevo Shanghai plans to reduce its holdings of no more than 3% of the company's shares
NHL announced that Tevo Shanghai plans to reduce its holdings of no more than 5.1 million shares of the company, accounting for 3% of the total share capital, due to funding needs, from August 22, 2025, to November 21, 2025. Among them, the reduction through centralized bidding will not exceed 1.7 million shares (1%), and the reduction through block trading will not exceed 3.4 million shares (2%)
According to the announcement from Beifang Gufen (600262.SH), due to its own funding needs, Tewo Shanghai plans to reduce its holdings by no more than 5.1 million shares (accounting for 3% of the total share capital) during the period from August 22, 2025, to November 21, 2025 (i.e., within three months after the disclosure date of this reduction plan, which is 15 trading days). Among them, the reduction through centralized bidding will not exceed 1.7 million shares (accounting for 1% of the total share capital, and the total number of shares reduced through centralized bidding within any consecutive 90 calendar days will not exceed 1% of the company's total shares); the reduction through block trading will not exceed 3.4 million shares (accounting for 2% of the total share capital, and the total number of shares reduced through block trading within any consecutive 90 calendar days will not exceed 2% of the company's total shares)
