---
title: "Xingguang Agricultural Machinery: Major shareholder Li Weihong, holding over 5% of shares, reduced his stake by 1 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263243079.md"
description: "Xingguang Agricultural Machinery announced that on October 28, 2025, major shareholder Li Weihong, holding more than 5% of shares, reduced his holdings by 1 million shares through block trading, accounting for 0.37% of the total share capital. His shareholding ratio decreased from 7.16% to 6.79%, reaching an integer multiple of 1%. This change in equity is part of the reduction plan and does not trigger a mandatory bid, nor will it change the controlling shareholder or actual controller, and it will not affect the company's governance and operations. The reduction plan has not yet been fully implemented, and the company will disclose progress in a timely manner"
datetime: "2025-10-29T08:51:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263243079.md)
  - [en](https://longbridge.com/en/news/263243079.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263243079.md)
---

# Xingguang Agricultural Machinery: Major shareholder Li Weihong, holding over 5% of shares, reduced his stake by 1 million shares

Xingguang Agricultural Machinery announced that on October 28, 2025, shareholder Li Weihong, who holds more than 5% of the shares, reduced his holdings by 1 million shares through block trading, accounting for 0.37% of the total share capital. His shareholding ratio decreased from 7.16% to 6.79%, reaching a 1% integer multiple. This change in equity is part of the reduction plan and does not trigger a tender offer, nor will it change the controlling shareholder or actual controller, and it will not affect the company's governance and operations. The reduction plan has not yet been fully implemented, and the company will disclose progress in a timely manner

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