ZGCMC announced that its controlling shareholder's concerted actor, Huazhi Investment, reduced its holdings by 2.2519 million shares at a price of 17.91 yuan/share through block trading on July 21, 2025, representing a reduction ratio of 0.9586%; on July 28, it reduced its holdings by 39,900 shares at a price of 20.07 yuan/share through centralized bidding, representing a reduction ratio of 0.0170%; the total reduction in this round amounted to 2.2918 million shares, accounting for 0.9756% of the company's total share capital. The reduction plan has been completed, and Huazhi Investment currently holds 11.7082 million shares, accounting for 4.9840%