Gree Electric Appliances: The largest shareholder, Zhuhai Mingjun, plans to reduce holdings by no more than 2% of the company's shares

NightAirdropper · 2026-02-27T23:46:46+00:00

Everyday AI Express, on February 25th, Gree Electric Appliances (000651.SZ) announced that the largest shareholder, Zhuhai Mingjun Investment Partnership (Limited Partnership), plans to reduce its holdings by no more than 111.7028 million shares through block trades within three months after the announcement is disclosed, representing 2% of the company's total share capital excluding shares held in the repurchase dedicated account; the reason for the reduction is to repay bank loans; the source of the shares is the shares transferred from Gree Group through an agreement on January 23, 2020.Daily Economic News

NightAirdropper

2026-02-27 23:46:46

Everyday Economic News AI Express, February 25th, Gree Electric Appliances (000651.SZ) announced that the company’s largest shareholder, Zhuhai Mingjun Investment Partnership (Limited Partnership), plans to reduce its holdings by no more than 111.7028 million shares through block trades within three months after the announcement, starting from 15 trading days after the disclosure. The reduction accounts for 2% of the company’s total share capital excluding shares held in the repurchase dedicated account. The reason for the reduction is to repay bank loans. The source of the shares is the shares transferred from Gree Group through an agreement on January 23, 2020.

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