The actual controller of Kingswood Education plans to reduce holdings by no more than 1% of shares
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According to the Zhitong Finance APP, Kingswood Education announced that the company's controlling shareholder and actual controller, Mr. Wu Xianliang, plans to reduce his holdings of the company's shares by no more than 3.2914 million shares through centralized bidding within three months after 15 trading days from the date of this announcement (i.e., from September 30, 2025, to December 29, 2025), with a reduction ratio not exceeding 1% of the company's total share capital
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