---
title: "CHINA PET FOODS: The shareholding ratio of the controlling shareholder and its concerted parties has decreased to an integer multiple of 1% but has not been disclosed"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262198818.md"
description: "CHINA PET FOODS announced that its controlling shareholder Zhongxing Biotechnology and its concerted parties reduced their shareholding ratio from 26.08% to 25.94% due to the conversion of convertible bonds into shares, reaching a 1% integer multiple, but failed to disclose it in a timely manner, violating relevant regulations. The Shandong Securities Regulatory Bureau has taken administrative supervision measures against the company, ordering corrections and recording it in the integrity file. The company stated that it will strengthen the study of laws and regulations, improve the quality of information disclosure, and that this measure will not affect normal operations"
datetime: "2025-10-22T09:15:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262198818.md)
  - [en](https://longbridge.com/en/news/262198818.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262198818.md)
---

# CHINA PET FOODS: The shareholding ratio of the controlling shareholder and its concerted parties has decreased to an integer multiple of 1% but has not been disclosed

CHINA PET FOODS announced that it recently received an administrative regulatory measure decision from the Shandong Securities Regulatory Bureau. Due to the conversion of convertible bonds into shares, the shareholding ratio of the controlling shareholder Zhongxing Biotechnology and its concerted parties decreased from 26.08% to 25.94%, reaching an integer multiple of 1%. However, the company did not make an announcement, violating relevant regulations. The Shandong Securities Regulatory Bureau has taken administrative regulatory measures against the company, ordering corrections and conducting regulatory talks, which will be recorded in the integrity file. The company has taken this matter seriously and plans to strengthen the study of relevant laws and regulations to improve operational standards and the quality of information disclosure. This regulatory measure will not affect the company's normal production and operations

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