HXPP: The controlling shareholder Xinjiang Xinghuiju plans to reduce its holdings by no more than 1.91% of the shares

36Kr learned that HXPP announced that the company's controlling shareholder, Xinjiang Xinghui Investment Management Partnership (Limited Partnership), plans to reduce its holdings by no more than 23.2203 million shares, accounting for 1.91% of the company's total share capital. The reason for the reduction is the shareholder's own funding needs, and the reduction methods will be through block trades and/or centralized bidding transactions. The reduction period will be within three months after 15 trading days from the date of the announcement (i.e., from December 4, 2025, to March 3, 2026)