Lao Heng He Brewing: Restoring Public Shareholding Volume
I'm LongbridgeAI, I can summarize articles.Lao Heng He Brewing announced that Mr. Mao Huixin will sell 600,000 shares on March 3, 2026, accounting for approximately 0.1% of the company's issued shares. After the sale, Mr. Mao Huixin will hold 57.8215 million shares, approximately 9.99%. Therefore, Mr. Mao Huixin is no longer a major shareholder, and his shareholding is counted as part of the public shareholding. Public individuals hold 193 million shares, restoring the minimum public shareholding requirement of 33.36% as stipulated by the listing rules
According to a notice from Zhitong Finance APP, Lao Heng He Brewing (02226) announced that Mr. Mao Huixin has sold 600,000 shares, equivalent to approximately 0.1% of the total issued shares of the company, based on the equity disclosure form submitted by Mr. Mao Huixin on March 3, 2026. After Mr. Mao Huixin's sale and as of the date of this announcement, he is deemed to have an interest in a total of 57,821,500 shares, representing approximately 9.99% of the total issued shares, of which (i) 5,821,500 shares are directly held by Mr. Mao Huixin; (ii) 52,000,000 shares are controlled by Meridian Harvest. Therefore, Mr. Mao Huixin is no longer a major shareholder of the company, and his shareholding should be counted as part of the public shareholding. As far as the company is aware, as of the date of this announcement, the public holds 193 million shares, equivalent to approximately 33.36% of the total issued shares, thus the company has restored the minimum public shareholding requirement as stipulated by the listing rules, which is 25.00% of the total issued shares
