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Wushang Group: Shareholding of First Major Shareholder and Consistent Action Increases to 28.24%
36Kr reports that Wushang Group announced its first major shareholder, Wushang Lian, increased its shareholding by purchasing an additional 4.0702 million shares, representing 0.53% of the total capital before the repurchase, with a transaction value of approximately 29.9957 million yuan. On October 13, 2026, the company completed the cancellation of 19.0887 million repurchased shares, reducing the total share capital from 769 million to 750 million shares. Following this change, Wushang Lian's shareholding increased from 21.55% to 22.64%, while its consistent action partners, State Investment Group and Hantong Investment, increased their holdings to 3.99% and 1.61% respectively. The combined shareholding of the three parties rose from 27.01% to 28.24%, reaching a round number multiple of 1%.
Read the full article at 36KrRelated coverage

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