Mingxin Asset to transfer up to 5.73% stake in Mingxin Xuteng via block trade
Zhejiang Mingxin Asset Management, holding a 14.50% stake in Mingxin Xuteng, plans to transfer up to 9.3 million shares (5.73% of total equity) via a negotiated block trade between September 30 and December 29, 2026. The price will be negotiated based on market prices and block trade rules. The company stated the transaction will not change control or materially affect operations.
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Mingxin Xuteng: Mingxin Asset Plans to Transfer Up to 5.73% Stake via Block Trade
Mingxin Xuteng (a Chinese automotive interior materials company) announced that its shareholder Zhejiang Mingxin Asset Management Co., Ltd., holding 23.5198 million shares (14.50% of total equity), plans to transfer up to 9.3 million shares (5.73% of total equity) via negotiated block trades within three months starting September 30, 2026. The transfer price will be determined based on market price and block trade pricing rules at the time of signing. The company stated that this transaction will not result in a change of controlling shareholder or actual controller, and will not materially affect corporate governance or future operations.
Read sourceMingxin Asset Plans to Transfer 5.73% Stake in Mingxin Xuteng via Block Trade
Mingxin Xuteng (stock code not provided) announced that its shareholder, Zhejiang Mingxin Asset Management Co., Ltd., which holds 23.5198 million shares (14.50% of total equity), plans to transfer up to 9.3 million shares (5.73% of total equity) via a negotiated block trade. The transfer will occur within three months starting from September 30, 2026, three trading days after the announcement date. The price will be determined based on market prices and block trade pricing rules at the time of signing. The company stated that this transaction will not result in a change of controlling shareholder or actual controller, and will not materially affect corporate governance or future operations.
Read sourceMingxin Asset Plans to Transfer Up to 5.73% Stake in Mingxin Xuteng via Block Trade
Mingxin Xuteng New Materials Co., Ltd. announced on September 22 that its shareholder, Zhejiang Mingxin Asset Management Co., Ltd., plans to transfer up to 9,300,000 shares of the company, representing no more than 5.73% of total share capital, through a block trade agreement. The transfer will occur within three months starting three trading days after the announcement date. The price will be negotiated based on market prices and block trade pricing rules at the time of signing. As of the announcement, Mingxin Asset holds 23,519,800 unrestricted tradable shares, or 14.50% of the company's total equity.
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Mingxin Asset Plans to Transfer Up to 5.73% Stake in Mingxin Xuteng via Block Trade
Mingxin Xuteng (605068.SH) announced that its shareholder, Zhejiang Mingxin Asset Management Co., Ltd. (Mingxin Asset), plans to transfer up to 9.3 million shares, representing no more than 5.73% of the company's total股本, through a block trade agreement. The transfer will occur within three months starting from September 30, 2026, following a three-trading-day notice period from the announcement date. The transfer price will be negotiated based on market prices and block trade pricing rules at the time of signing. The company stated that this proposed transfer will not result in any change in the controlling shareholder or actual controller, nor will it affect the company's governance structure or future operations.
Read sourceMingxin Asset Plans to Transfer Up to 5.73% Stake in Mingxin Xuteng
Mingxin Xuteng (605068) announced on September 22 that its shareholder Zhejiang Mingxin Asset Management Co., Ltd. ('Mingxin Asset'), which holds a 14.50% stake, plans to transfer up to 9.3 million shares (5.73% of total shares) via negotiated transfer within three months starting three trading days after the announcement. The transfer price will be determined based on market prices at the time of signing and block trading pricing rules. The announcement was reported by People's Financial Information on September 22.
Read sourceMingxin Xuteng: Mingxin Asset Plans to Transfer Up to 5.73% Stake via Block Trade
Mingxin Xuteng (Mingxin New Materials) announced that its shareholder, Zhejiang Mingxin Asset Management Co., Ltd., holding 14.50% of the total shares, plans to transfer up to 9,300,000 shares (5.73% of total equity) via a block trade agreement. The transfer window is from September 30, 2026, to December 29, 2026, starting three trading days after the announcement date. The transfer price will be negotiated based on market prices and block trade pricing rules at the time of signing. The company stated that this transaction will not result in a change of controlling shareholder or actual controller, and will not materially impact corporate governance or future operations.
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