Shanghai Sinyang: Shareholder Shanghai Xinke has completed a reduction of 0.64% of the company's shares

Shanghai Sinyang announced that its controlling shareholder, Shanghai Xinke Investment Co., Ltd., has completed its reduction plan. The reduction period was from July 1, 2025, to July 2, 2025, with an average reduction price of 39.06 yuan per share, totaling 2 million shares, accounting for 0.64% of the company's total share capital. After the reduction, Shanghai Xinke holds 20.7881 million shares of the company, accounting for 6.67% of the total share capital