Zheng Quan Ri Bao Zhi Sheng·2025-11-26 12:38Core Points - Jiangshan Co., Ltd. announced the authorization to dispose of shares in its associate company, Nantong Jiangtian Chemical Co., Ltd. [1] - The company plans to sell 17.3592 million shares, representing 12.02% of Jiangtian Chemical's total share capital, through various legal methods [1] - The authorized period for the share disposal is from the date of the shareholders' meeting approval until all shares are disposed of [1] Summary by Sections - Board and Shareholder Meetings - The 20th meeting of the 9th Board of Directors and the second extraordinary shareholders' meeting for 2025 were held on July 26 and August 22, 2025, respectively [1] - Share Disposal Authorization - The shareholders' meeting approved the proposal to authorize the management to dispose of 17.3592 million shares of Jiangtian Chemical [1] - The disposal methods include agreement transfer, inquiry transfer, centralized bidding, and block trading [1] - Reduction Plan - On September 5, 2025, the company disclosed a reduction plan to sell up to 4.3308 million shares, which is 3.00% of Jiangtian Chemical's total share capital, between September 29 and December 28, 2025 [1] - As of November 25, 2025, the company has completed the reduction of 4.3308 million shares [1]