Soho Holly Futures (03678): Judicial Enforcement Period Expires, Hongsu Industrial Passively Reduces 15.68 Million Shares

Stock News
2025/10/28

Soho Holly Futures (03678) announced that the company recently received a notice from its shareholder Jiangsu Hongsu Industrial Co., Ltd. (hereinafter referred to as "Hongsu Industrial") regarding the expiration of the judicial enforcement period.

According to the previous disclosure on July 25, 2025 (Announcement No. 2025-037), Hongsu Industrial was expected to passively reduce its holdings due to judicial enforcement. From July 30, 2025, to October 27, 2025, the planned reduction included 10.08 million shares (approximately 1% of total shares) via centralized bidding and 20.16 million shares (approximately 2% of total shares) via block trades, totaling 30.23 million shares (about 3% of total shares).

As of the announcement date, the judicial enforcement period has concluded. During this period, Hongsu Industrial passively reduced 10.08 million shares via centralized bidding and 5.61 million shares via block trades, totaling 15.68 million shares, representing 1.5564% of the company’s current total shares. The remaining planned reduction stands at 14.55 million shares.

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