
TECHMATION: RED FACTOR LIMITED reduced its holdings by 3.6 million shares
TECHMATION announced that its controlling shareholder RED FACTOR LIMITED and its concerted party Ningbo Bangbang Trade Co., Ltd. collectively reduced their shareholding from 53.70% to 52.81%. RED FACTOR LIMITED reduced its holdings of 3.6 million unrestricted tradable shares through centralized bidding from July 2, 2025, to July 3, 2025

