Ningbo Fangzheng: Xingong Holdings has reduced its stake by 2.97%.

Ningbo Fangzheng announced that Xinggong Holdings reduced a total of 4,074,800 shares through block trades and centralized bidding from January 14, 2026, to March 2, 2026, accounting for 2.97% of the company’s total share capital and 3.00% excluding repurchased shares. The reduction plan has been completed. Among them, 2,716,600 shares were sold via block trades at prices ranging from 19.27 to 21.65 RMB per share, with an average of 20.28 RMB per share; 1,358,200 shares were sold through centralized bidding at prices ranging from 23.63 to 24.55 RMB per share, with an average of 24.01 RMB per share.

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