四川双马：多名股东拟减持股份

Summary of Key Points Core Viewpoint - Sichuan Shuangma announced that shareholders LCOHC and Tianjin Saikehuan will reduce their holdings by a total of 12,119,400 shares, accounting for 1.5875% of the total share capital, between October 31, 2025, and November 20, 2025 [1] Group 1 - The reduction will occur through centralized bidding and block trading [1] - After the reduction, LCOHC and Tianjin Saikehuan, along with their concerted action partner Hexie Hengyuan, will hold a total of 392 million shares, representing 51.3811% of the total share capital [1] - Excluding repurchased shares, their combined ownership will be 51.8032% [1] Group 2 - LCOHC and Tianjin Saikehuan still have the capacity to reduce an additional 1,512,500 shares each, which remains unfinished [1]