ZPEC(SH:603619) Shang Hai Zheng Quan Bao·2025-11-27 19:24Core Viewpoint - The major shareholders of Zhongman Petroleum and Natural Gas Group Co., Ltd. plan to reduce their holdings in the company through various trading methods, which may impact the stock's liquidity and market perception [3][4]. Shareholder Holding Situation - Major shareholders Zhu Fengxue, Shanghai Gongrong Investment Center (Limited Partnership), and Shanghai Gongyuan Investment Center (Limited Partnership) hold a total of 33,301,339 shares, representing 7.21% of the company's total share capital [2]. Shareholder Reduction Plan - Zhu Fengxue, Gongrong Investment, and Gongyuan Investment plan to reduce their holdings by up to 4,623,000 shares (1% of total share capital) through centralized bidding and up to 9,246,000 shares (2% of total share capital) through block trading, totaling a maximum of 13,869,000 shares (3% of total share capital) [3][4]. - The reduction will be subject to a limit of 1% through centralized bidding and 2% through block trading within any consecutive 90-day period [3][4]. Shareholder Background - The reducing shareholders are identified as having a concerted action relationship, indicating a coordinated approach to the reduction plan [4]. Compliance with Previous Commitments - The major shareholder Zhu Fengxue previously committed not to transfer shares for 36 months post-IPO, with specific conditions for extending the lock-up period based on stock performance [5][6][7].