HOLLY FUTURES (03678) Shareholders Huihong Group and Hongye Logistics Plan to Reduce Holdings by No More Than Approximately 10.0778 Million Shares

Stock News
Aug 19

HOLLY FUTURES (03678) announced that the company received a "Shareholder Share Reduction Plan Notice" issued by Huihong Group and Hongye Logistics today. To further focus on core business operations, optimize asset structure, reduce the impact of financial asset price volatility, and meet their own funding needs, Huihong Group and Hongye Logistics plan to collectively reduce their holdings by no more than approximately 10.0778 million shares within 3 months starting from September 11, 2025, representing about 1% of the company's total share capital, through centralized bidding transactions.

Specifically, Huihong Group will reduce its holdings of the company's shares by no more than approximately 5.9459 million shares through centralized bidding, accounting for 0.59% of the company's total share capital, while Hongye Logistics will reduce its holdings by no more than approximately 4.1319 million shares, accounting for 0.41% of the company's total share capital.

(If the company implements bonus shares, capital reserve conversion to share capital, rights offerings, or other equity changes during the reduction period, the number of shares and shareholding percentage will be adjusted accordingly.)

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