Core Viewpoint - Changbai Mountain announced that its shareholder, Jilin Forest Industry Group Co., Ltd. (referred to as "Jilin Forest"), plans to reduce its holdings by up to 2.7236 million shares, representing no more than 1% of the company's total share capital within three months after the announcement date [1] Summary by Relevant Sections - Shareholding Structure - As of the announcement date, Jilin Forest holds 13.2075 million shares, accounting for 4.85% of the company's total share capital [1] - Its concerted action partner, Changbai Mountain Forest Industry Group Co., Ltd., holds 6.9477 million shares, representing 2.55% of the total share capital [1] - Together, both parties hold a combined total of 7.40% of the company's total share capital [1] - Reduction Plan - Jilin Forest intends to reduce its holdings through centralized bidding transactions [1] - The reduction will occur within three months following a 15 trading day period from the announcement date [1]
长白山股东吉林森工拟减持不超过272.36万股