The controlling shareholder of YUHUAN CNC MACHINE TOOL plans to reduce its holdings by no more than 1%
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According to the Zhitong Finance APP, YUHUAN CNC MACHINE TOOL announced that Mr. Xu Shixiong, the controlling shareholder, actual controller, and chairman who holds 32.43% of the shares, plans to reduce his holdings in the company by no more than 1.558 million shares (accounting for 1% of the company's total share capital) through centralized bidding within three months after the announcement date, specifically from September 5, 2025, to December 4, 2025
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