---
title: "JINGXING PAPER: The shareholding ratio of shareholders holding more than 5% has been diluted to 12.93% passively"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258509050.md"
description: "JINGXING PAPER announced that due to the conversion of \"JINGXING Convertible Bonds,\" the company's total share capital has increased. Mr. Zhu Zailong, a shareholder holding more than 5% of the shares, actual controller, and chairman, saw his shareholding ratio diluted from 13.25% to 12.93% without a change in the number of shares held, with the passive dilution change reaching an integer multiple of 1%. This change in equity will not lead to a change in the company's control and will not affect the company's governance structure and ongoing operations"
datetime: "2025-09-23T11:16:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258509050.md)
  - [en](https://longbridge.com/en/news/258509050.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258509050.md)
generator: "portal-rs"
---

# JINGXING PAPER: The shareholding ratio of shareholders holding more than 5% has been diluted to 12.93% passively

JINGXING PAPER announced that due to the conversion of "JINGXING Convertible Bonds," the company's total share capital has increased. Mr. Zhu Zailong, a shareholder holding more than 5% of the shares, actual controller, and chairman, saw his shareholding ratio diluted from 13.25% to 12.93% without a change in the number of shares held, with the dilution change reaching an integer multiple of 1%. This change in equity will not lead to a change in the company's control and will not affect the company's governance structure and ongoing operations

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