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Zhejiang Jing Pharmaceutical: Controlling shareholder and shareholders intend to reduce their holdings by no more than 1.04% of shares
Gelonghui February 13 — Zai Lab announced that its controlling shareholder, one of its actual controllers, and Chairman ZELINSHENG (Sheng Zelin), along with shareholder Ningbo Zeao, plan to reduce their holdings due to their own funding needs. ZELINSHENG (Sheng Zelin) intends to reduce no more than 273,907 shares, representing no more than 0.1035% of the total share capital; Ningbo Zeao plans to reduce no more than 2,475,090 shares, representing no more than 0.9350% of the total share capital. The reduction period is from March 17, 2026, to June 16, 2026, and the reduction will be conducted through centralized bidding or block trades. This reduction plan carries uncertainties and will not affect the company’s governance structure or ongoing operations.