岳阳兴长：股东长炼兴长拟减持不超过0.60%股份

Core Viewpoint - Hunan Changlian Xingchang Enterprise Service Co., Ltd., a shareholder holding 7.81% of Yueyang Xingchang, plans to reduce its stake by selling up to 2.2 million shares, representing 0.60% of the total share capital, between December 23, 2025, and March 22, 2026, due to operational management needs [1] Summary by Relevant Sections - Shareholder Information - Hunan Changlian Xingchang holds 28.841 million shares of Yueyang Xingchang [1] - Reduction Plan - The planned reduction will not exceed 2.2 million shares, which is 0.60% of the total share capital [1] - The reduction will be conducted through centralized bidding [1] - The selling price will be determined based on market conditions at the time of sale [1] - Regulatory Compliance - The shareholder is allowed to reduce its holdings by no more than 1% within any consecutive 90-day period [1] - Reason for Reduction - The reduction is attributed to the shareholder's operational management needs [1]