Plan de réduction de participation des actionnaires de Chenxi Aviation Holdings arrivé à expiration, réduction cumulée de 2,99% des actions

Xi’an Chenxi Aviation Technology Co., Ltd. (hereinafter referred to as “Chenxi Aviation”) announced on March 17, 2026, that the share reduction plan previously disclosed by its controlling shareholder, Xi’an Huiju Technology Co., Ltd. (hereinafter referred to as “Huiju Technology”), has expired. Between December 17, 2025, and March 13, 2026, Huiju Technology reduced its holdings by a total of 16,438,437 shares through centralized bidding and block trades, accounting for 2.9882% of the company’s total share capital, without exceeding the planned reduction limit.

Implementation of the Share Reduction Plan

The announcement shows that Huiju Technology’s original plan was to reduce no more than 1% of the total share capital via centralized bidding within three months after disclosing the reduction pre-announcement on November 25, 2025, and no more than 2% via block trades. In practice, it nearly reached these limits through both methods.

Note: The source of the reduced shares includes shares held before the initial public offering and transferred after listing. Due to rounding, there may be discrepancies between sub-items and totals.

Shareholding Changes Before and After Reduction

Before the reduction, Huiju Technology held 218,491,715 shares of Chenxi Aviation, accounting for 39.72% of the total share capital; its concerted action partner, Xi’an Huanyu Star Control Technology Co., Ltd. (hereinafter “Huanyu Star Control”), held 61,067,952 shares, representing 11.10%. Together, they held 50.82%.

After the reduction, Huiju Technology’s holdings decreased to 202,053,278 shares, representing 36.73%; Huanyu Star Control’s holdings remained unchanged, and their combined shareholding ratio dropped to 47.83%.

Impact on Corporate Governance and Control

Chenxi Aviation emphasized in the announcement that the implementation of this reduction plan complies with relevant laws, regulations, and the company’s articles of association, and is consistent with the previously disclosed reduction intentions, with no breach of commitments. Although Huiju Technology’s shareholding ratio has decreased, it remains the controlling shareholder, and the actual controller, Wu Jian, has not changed. The company’s governance structure and ongoing operations will not be affected.

The announcement reminds investors to invest rationally. Relevant documents include Huiju Technology’s “Notice of Expiry of Share Reduction Plan.”

Disclaimer: The market involves risks; investments should be cautious. This article is automatically published by an AI model based on third-party databases and does not represent Sina Finance’s views. All information in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for accuracy. For questions, contact biz@staff.sina.com.cn.

Click to view the original announcement>>