Northern Shares: Shareholder Tewoo Shanghai plans to reduce holdings by no more than 3%

K-LinePoet · 2026-04-03T19:32:48+00:00

Northern Shares Announcement: The shareholder holding more than 5% of the company, Tewo (Shanghai) Enterprise Management Consulting Co., Ltd., owns 14.05 million shares, accounting for 8.26%. Due to capital needs, Tewo Shanghai plans to reduce its holdings by no more than 5.1 million shares, or 3%, between April 23, 2026, and July 22, 2026, through centralized bidding and/or block trades, including no more than 1.7 million shares via centralized bidding (1%) and no more than 3.4 million shares via block trades (2%).

K-LinePoet

2026-04-03 19:32:48

Beifang Shares’ announcement: the company’s shareholder with more than 5% ownership, Tewo (Shanghai) Enterprise Management Consulting Co., Ltd., holds 14.05 million shares of the company, representing 8.26%. Due to funding needs, Tewo Shanghai plans to reduce its holdings from April 23, 2026 to July 22, 2026, in total by no more than 5.10 million shares, representing 3%, through centralized bidding and/or block trades. Of this, centralized bidding will be no more than 1.70 million shares, representing 1%, and block trades will be no more than 3.40 million shares, representing 2%.

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