Tianjin Construction Development Group Co., Ltd. (TJCD) announced the completion of a planned reduction in the stake held by its controlling shareholder, Mr. Wang, executed via Shengyuan Holdings between 23 April and 22 May 2026.

The disposal comprised four block trades: • 22.24 million shares on 23 April • 16.75 million shares on 19 May • 11.00 million shares on 20 May • 22.00 million shares on 22 May

Across the period, 71.99 million shares were sold at an average price of HKD 0.90 per share, representing 27.80% of TJCD’s total issued share capital.

Following the transactions, Mr. Wang’s direct and indirect ownership has fallen to 85.51 million shares, equivalent to 33.02% of the company’s outstanding shares.

The board composition remains unchanged, with Mr. Wang continuing as Chairman and non-executive director alongside five executive directors and three independent non-executive directors.