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Allied Machinery: The concerted action party of the controlling shareholder reduced its shareholding, and the equity change reached the 1% threshold

Zhitong
Oct 31, 2025 at 07:47 AM

Allied Machinery announced that from September 25 to October 30, 2025, the controlling shareholder's concerted actors Huzhou Xuteng, Hangzhou Jiayang, Huzhou Shuoyi, and Huzhou Xunjia will reduce their holdings by 1.2 million shares through centralized bidding, accounting for 0.50%, and reduce their holdings by 479,000 shares through block trading, accounting for 0.20%. The total shareholding ratio of the actual controller and its concerted actors will decrease from 66.65% to 65.96%, with the equity change ratio reaching the 1% threshold. This reduction is in line with the previously planned actions, does not trigger a tender offer, is not yet completed, will not lead to a change in the actual controller, and will not affect the company's operations

Source: Zhitong The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

Allied Machinery

Allied Machinery

605060.SH

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