Core Viewpoint - The major shareholder Itochu Corporation plans to reduce its stake in Sheng Tai Group by selling up to 5.56 million shares through centralized bidding and up to 11.11 million shares through block trading, representing 1% and 2% of the total share capital respectively, starting from September 23, 2025 [1] Summary by Category - Shareholder Actions - Itochu Corporation intends to sell a maximum of 5.56 million shares via centralized bidding, which is 1% of the total share capital [1] - Additionally, it plans to sell up to 11.11 million shares through block trading, accounting for 2% of the total share capital [1] - Reason for Reduction - The shares to be sold were acquired prior to the company's initial public offering, and the reduction is attributed to the shareholder's strategic arrangements [1] - Uncertainty of Implementation - The implementation of this reduction plan carries uncertainty [1]
盛泰集团:持股5%以上股东伊藤忠卓越纤维(亚洲)拟减持不超3%公司股份