Xingtong Shipping(SH:603209) Zheng Quan Zhi Xing·2025-08-01 16:36Core Viewpoint - The announcement details a reduction in shareholding by major shareholders of Xingtong Shipping Co., Ltd., which does not trigger a mandatory takeover bid and does not affect the control structure of the company [1][2]. Summary by Sections 1. Basic Information on Shareholding Change - The shareholding change involves a reduction and is executed by Shandong Riying Investment Co., Ltd., Mr. Chen Qinghong, and Xiong'an Hehai Venture Capital Partnership (Limited Partnership), who are acting in concert. Post-change, they collectively hold 32,499,900 shares, representing 10.00% of the total share capital of Xingtong Shipping [1][2]. 2. Details of the Shareholding Change - Shandong Riying Investment reduced its holdings through block trading on August 1, 2025, selling 3,094,100 shares, which is 0.95% of the total share capital. Following this transaction, its shareholding decreased from 4,984,000 shares (1.53%) to 1,889,900 shares (0.58%) [2]. - Mr. Chen Qinghong plans to reduce his holdings by 73,640 shares, which is 0.02% of the total share capital, through legal means recognized by the Shanghai Stock Exchange [2]. 3. Shareholding Structure Before and After the Change - Before the change, the total shares held by the involved parties amounted to 35,594,000 shares (10.95%). After the reduction, the total shares held decreased to 32,499,900 shares (10.00%) [2]. 4. Impact on Company Structure - The reduction in shareholding does not involve changes to the company's controlling shareholder or actual controller, ensuring that the governance structure and operational continuity of Xingtong Shipping remain unaffected [1][2].