---
title: "LAPCO HOLDINGS received a total of 6.5 million shares sold by major shareholder Tan Weitang, reducing its shareholding to approximately 15.12%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258846155.md"
description: "LAPCO HOLDINGS announced that its major shareholder Tan Weitang sold 6.5 million shares through the open market on September 16 and 22, 2025, reducing his shareholding from 20.76% to 15.12%. This sale accounts for approximately 5.64% of the company's total issued shares, and the company believes that this move will not have a significant impact on its business operations and financial condition"
datetime: "2025-09-25T09:53:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258846155.md)
  - [en](https://longbridge.com/en/news/258846155.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258846155.md)
---

# LAPCO HOLDINGS received a total of 6.5 million shares sold by major shareholder Tan Weitang, reducing its shareholding to approximately 15.12%

According to the Zhitong Finance APP, LAPCO HOLDINGS (08472) announced that the company has been informed that its major shareholder, Mr. Tan Weitang (Mr. Tan), sold a total of 6.5 million shares of the company through public market transactions on September 16 and 22, 2025, accounting for approximately 5.64% of the company's total issued shares. Following the sale, Mr. Tan's total shareholding decreased from 23.92 million shares (approximately 20.76% of the company's total issued shares) to 17.42 million shares (approximately 15.12% of the company's total issued shares). As of the date of this announcement, Mr. Tan continues to be a major shareholder of the company.

The company believes that this sale will not have a significant impact on the group's business operations and financial condition

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