Zheng Quan Zhi Xing·2025-06-29 16:17Key Points - The major shareholder, Qinhuangdao State-owned Assets Supervision and Administration Commission, holds 397,975,485 shares, accounting for 7.12% of the total share capital of Qinhuangdao Port Co., Ltd [1][2] - The shareholder plans to reduce its holdings by up to 111,740,000 shares, which is not more than 2.00% of the total share capital, through block trading within three months starting from July 21, 2025 [1][2] - The reason for the reduction is stated as the need for self-development [2] - The reduction period is set from July 21, 2025, to October 20, 2025 [2] - The shareholder has committed to not transferring or managing the shares for twelve months post-IPO and has specific conditions for further reductions thereafter [3][4]