---
title: "STOCKS | Western Gold Shareholder Turpan Jinyuan Cuts Stake to 4.98%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290030337.md"
description: "Western Gold shareholder Turpan Jinyuan Mining and Metallurgy Co., Ltd. reduced its stake by 169,800 shares (0.02%) via centralized bidding between May 29 and June 17, 2026, for 4.53 million yuan. Consequently, its holdings decreased from 45.55 million to 45.38 million shares, lowering its ownership ratio from 5% to 4.98%."
datetime: "2026-06-17T09:28:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290030337.md)
  - [en](https://longbridge.com/en/news/290030337.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290030337.md)
generator: "portal-rs"
---

# STOCKS | Western Gold Shareholder Turpan Jinyuan Cuts Stake to 4.98%

Western Gold said shareholder Turpan Jinyuan Mining and Metallurgy Co., Ltd. reduced its holdings in the company. According to Jin10, the shareholder previously held 45.55 million shares, representing 5% of Western Gold’s total share capital. On May 7, 2026, Turpan Jinyuan disclosed a plan to reduce its stake by no more than 169,800 shares through centralized bidding, or up to 0.02% of the company. From May 29 to June 17, Turpan Jinyuan sold 169,800 shares via centralized bidding, accounting for 0.02% of Western Gold. The total value of the reduction was 4.53 million yuan. After the sale, Turpan Jinyuan’s holdings fell to 45.38 million shares, and its ownership ratio declined to 4.98%.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**