The company FORTIOR (HKEX: 01304) has announced that its shareholder, Shanghai Huaxin, intends to sell part of its holdings. The decision is based on the shareholder's own capital requirements.

The planned divestment involves up to approximately 3.45 million shares, which represents no more than 3.00% of the company's total issued share capital. The shares will be sold either through block trades or via the centralized bidding system on the exchange.

The selling period for this transaction is set to commence fifteen trading days after the date of this announcement and will last for a duration of three months.