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Teda Shares: Controlling shareholder Teda Investment plans to reduce its holdings by no more than 2%
Teda Shares Announcement: The controlling shareholder, Tianjin Teda Investment Holding (Group) Co., Ltd., holds 487 million shares, accounting for 32.98%. It plans to reduce its holdings by no more than 29.3836 million shares, representing no more than 2% of the company’s total share capital excluding shares in the repurchase special account, within three months after 15 trading days from the date of the announcement through block trading. The reduction price will be determined based on the market price.