A-shares fluctuate丨Shareholder plans to reduce holdings at high levels, Hongsheng Huayuan drops nearly 8% at midday

Gelonghui February 27 | Hongsheng Huayuan (601096.SH) closed nearly 8% lower at midday, after hitting the daily limit and reaching a recent high yesterday. Currently trading at 6.21 yuan, with a total market capitalization of 16.6 billion yuan. According to news, Hongsheng Huayuan announced that major shareholder Guoxin Jianyuan and its concerted action partner Jianxin Investment hold a total of 478 million shares, accounting for 17.86%; among them, Guoxin Jianyuan holds 358 million shares, accounting for 13.39%, and Jianxin Investment holds 119 million shares, accounting for 4.46%. Both plan to reduce their holdings through centralized bidding from March 20, 2026, to June 19, 2026, by no more than 20.0637 million shares and 6.6879 million shares respectively, totaling no more than 26.7516 million shares, or 1.00%, with any continuous 90-day reduction not exceeding 1.00%. Currently, the company’s chairman is Ma Xinzheng, the secretary of the board is Ding Gang, with 1,505 employees, and the actual controller is the State-owned Assets Supervision and Administration Commission of the State Council.