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Kangzhong Medical Controller Gao Peng Plans to Reduce 1.022M Shares, Representing 1.16% Stake

GateNews

2026-05-24 07:56:41

According to Kangzhong Medical's announcement on May 24, 2026, Gao Peng, the company's actual controller and board member, plans to reduce holdings of up to 1.022 million shares, representing 1.16% of total outstanding shares, between June 15 and September 14, 2026.

The reduction will be executed through a combination of centralized auction trading and block trades. Gao Peng will offload up to 881,300 shares via centralized auction and up to 141,000 shares via block trades. The company cited personal financial needs as the reason for the planned reduction.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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