Holly Futures (Stock Code: 3678) Announces Subsidiary of Controlling Shareholder’s Plan to Reduce H Shareholdings

Bulletin Express
11/11

Holly Futures (Stock Code: 3678) issued details on a proposed shareholding reduction by SOHO Holdings Group Zhong Shan Company Limited, a wholly owned overseas subsidiary of Jiangsu SOHO Holdings Group Co., Ltd. (SOHO Holdings). The plan involves reducing up to 24,255,000 H shares, approximately 2.41% of Holly Futures’ total issued shares, via centralized bidding within six months commencing from 1 December 2025.

SOHO Holdings, as controlling shareholder, directly and indirectly holds 509,750,107 shares, representing about 50.58% of the total issued shares of Holly Futures. Of these, 275,456,777 A shares (approximately 27.33%) are held directly by SOHO Holdings, while 210,038,330 A shares (about 20.84%) are held through concerted parties including Soho Holly Corporation, Jiangsu Soho High Hope Group Corporation, and Jiangsu Holly International Logistics Corporation. Furthermore, 24,255,000 H shares (2.41%) are currently held by Zhong Shan Company.

Following the shareholding reduction, SOHO Holdings will remain the controlling shareholder. This reduction is not expected to produce a significant impact on Holly Futures’ operations, finances, or long-term development.

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