---
title: "Allied Machinery: The concerted action party of the controlling shareholder reduced its shareholding, and the equity change reached the 1% threshold"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263681258.md"
description: "Allied Machinery announced that the concerted parties of the controlling shareholder will reduce their holdings from September 25, 2025, to October 30, 2025, with a total reduction of 1.2 million shares, accounting for 0.50%. A block trade will account for a reduction of 479,000 shares, accounting for 0.20%. The shareholding ratio of the actual controller and its concerted parties will decrease from 66.65% to 65.96%, with the equity change reaching the 1% threshold. This reduction is part of a planned execution and does not trigger a tender offer, nor will it lead to a change in the actual controller or affect the company's operations"
datetime: "2025-10-31T07:47:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263681258.md)
  - [en](https://longbridge.com/en/news/263681258.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263681258.md)
---

# Allied Machinery: The concerted action party of the controlling shareholder reduced its shareholding, and the equity change reached the 1% threshold

Allied Machinery announced that from September 25 to October 30, 2025, the controlling shareholder's concerted actors Huzhou Xuteng, Hangzhou Jiayang, Huzhou Shuoyi, and Huzhou Xunjia will reduce their holdings by 1.2 million shares through centralized bidding, accounting for 0.50%, and reduce their holdings by 479,000 shares through block trading, accounting for 0.20%. The total shareholding ratio of the actual controller and its concerted actors will decrease from 66.65% to 65.96%, with the equity change ratio reaching the 1% threshold. This reduction is in line with the previously planned actions, does not trigger a tender offer, is not yet completed, will not lead to a change in the actual controller, and will not affect the company's operations

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