Core Points - Kaishan Holdings plans to reduce its stake in Kaishan Co., Ltd. by up to 9,936,350 shares, representing no more than 1% of the total share capital, within three months starting from December 12, 2025 [1] - The estimated cash proceeds from this reduction are approximately 152.22 million yuan based on the last closing price of 15.32 yuan per share [1] - As of the announcement date, Kaishan Holdings holds 566,162,342 shares, accounting for 56.98% of the total share capital [1] Shareholding History - Kaishan Holdings initially held 631 million shares, which was 63.49% of the total share capital [1] - Since July 12, 2021, Kaishan Holdings has cumulatively reduced its holdings by 64.73 million shares, realizing approximately 995 million yuan [1][2] - The shareholding percentage has decreased from 63.49% to 56.98% following multiple reductions [2][3] Regulatory Issues - In February 2021, the China Securities Regulatory Commission issued warning letters to key executives of Kaishan Co., Ltd. for inaccuracies in financial reporting and governance issues [4] - In November 2022, further warnings were issued due to failures in timely disclosure of related party transactions and improper use of raised funds [4]
开山股份控股股东拟套现约1.5亿元 此前已套现10亿元