Group 1 - The core point of the announcement is that Huayuan International Land Port Group Co., Ltd., a shareholder holding more than 5% of Phoenix Shipping (Wuhan) Co., Ltd., plans to reduce its shareholding due to operational development needs [1][2]. - Huayuan International Land Port Group holds 59,879,204 shares, accounting for 5.9164% of the total share capital of the company, which were acquired through judicial auction in May 2021 [2]. - The reduction plan will take place from October 13, 2025, to January 12, 2026, with a maximum reduction of 30,362,400 shares, representing 3% of the total share capital [2][3]. Group 2 - The reduction will be executed through centralized bidding and block trading, with a limit of 10,120,800 shares (1% of total share capital) via centralized bidding and 20,241,600 shares (2% of total share capital) via block trading [2]. - The actual implementation of the reduction plan will depend on market conditions and the company's stock price, indicating uncertainty in the timing, price, and quantity of the shares to be reduced [3]. - Huayuan International Land Port Group assures that the reduction will not affect the company's governance structure or ongoing operations, and they will comply with relevant laws and regulations during the process [3].
凤凰航运股东华远陆港拟减持不超3036.24万股,占总股本3%