Core Viewpoint - Fujian Investment Group, a major shareholder of King Long Automobile (stock code: 600686), plans to reduce its holdings by up to 7.1705 million shares, representing no more than 1% of the company's total share capital, within three months after the announcement [1] Summary by Relevant Sections - Shareholder Reduction Plan - Fujian Investment Group intends to reduce its stake through centralized bidding, with the reduction amounting to a maximum of 7.1705 million shares [1] - The reduction is aligned with the group's operational needs [1] - Current Shareholding Status - Fujian Investment Group currently holds 73.9276 million shares, which accounts for 10.31% of King Long Automobile's total share capital [1] - The shares were acquired through a non-public offering in 2015 [1] - Impact on Company Governance - The planned share reduction will not affect the company's governance structure or its future sustainable operations [1]
金龙汽车:福建投资集团拟减持不超1%公司股份