300257SZSE

Announcement on the Pre-disclosure of Share Reduction by Controlling Shareholder

Kaishan Group Co., Ltd.·June 2, 2026·3 pages

✨ AI Summary

The controlling shareholder, Kaishan Holding Group Co., Ltd., plans to reduce its holdings by up to 9,936,350 shares (1% of total shares) within three months starting June 25, 2026. The reduction is aimed at meeting operational needs and supporting subsidiaries. The company assures compliance with relevant regulations and will disclose progress on the reduction plan.

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Full Translation

AI Translation· azure_openai

Securities Code: 300257
Securities Abbreviation: Kaishan Co., Ltd.
Announcement Number: 2026-026

Kaishan Group Co., Ltd. announces the pre-disclosure of share reduction by its controlling shareholder.

Special Reminder: The controlling shareholder, Kaishan Holding Group Co., Ltd. (hereinafter referred to as "Kaishan Holding"), which holds 556,226,042 shares (55.98% of the total share capital) of Kaishan Group Co., Ltd. (hereinafter referred to as "the Company"), plans to reduce its holdings by no more than 9,936,350 shares (not exceeding 1% of the total share capital) through centralized bidding or block trading within three months starting from fifteen trading days after the announcement date (i.e., from June 25, 2026).

On June 2, 2026, the Company received a notice from Kaishan Holding regarding the share reduction plan, the details of which are announced as follows:

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