Xin Lang Cai Jing·2025-09-16 14:04Core Viewpoint - Ganzhou Tengyuan Cobalt Industry Co., Ltd. announced that two shareholders, Xiamen Tungsten Co., Ltd. and Changjiang Chenda (Hubei) New Energy Industry Investment Partnership, plan to reduce their shareholdings due to operational needs [1][2]. Group 1: Shareholding Details - Xiamen Tungsten holds 26,676,000 shares, representing 9.10% of the total share capital of Tengyuan Cobalt [1]. - Changjiang Chenda holds 15,137,933 shares, accounting for 5.16% of the total share capital [1]. Group 2: Reduction Plans - Xiamen Tungsten plans to reduce its holdings by up to 2,932,924 shares, not exceeding 1% of the total share capital, within a specified period from October 16, 2025, to January 15, 2026 [1][2]. - Changjiang Chenda also intends to reduce its holdings by the same amount and within the same timeframe, using either centralized bidding or block trading methods [1][2]. Group 3: Conditions and Implications - The reduction price will be determined based on market conditions at the time of the sale [2]. - The reduction plans do not violate any legal regulations and will not lead to a change in the company's control or governance structure [2].