Lihua Co., Ltd.'s actual controller, Fang, reduced holdings and cashed out 254 million in 65 days. Last year, he cashed out 430 million.

China Economic Net Beijing April 7 News, Lihua Co., Ltd. (300761.SZ) recently issued an announcement regarding the completion of the share reduction plan by the company’s actual controller and its persons acting in concert. The company recently received a notice letter issued by its actual controller, Cheng Lili, and its persons acting in concert, Linzhou Haoming Technology Service Center (Limited Partnership) (hereinafter referred to as “Haoming Technology”), titled “Notice Letter on the Completion of the Share Reduction Plan.” As of April 3, 2026, the above share reduction plan has been completed.

From January 29, 2026 to April 3, 2026, Cheng Lili reduced its holdings by 7,451,700 shares through block trades, with an average selling price of 16.20 yuan per share. Haoming Technology reduced its holdings by 5,019,800 shares through centralized bidding, with an average selling price of 20.82 yuan per share; and reduced its holdings by 1,750,000 shares through block trades, with an average selling price of 16.70 yuan per share.

Based on calculations, the total share reduction amount by Cheng Lili and Haoming Technology is 254 million yuan.

Lihua Co., Ltd.’s October 22, 2025 disclosure of “Announcement on the Expiration of the Share Reduction Period by the Company’s Actual Controller and Its Persons Acting in Concert” shows that the company’s actual controller, Cheng Lili, reduced its holdings by 150,400 shares via centralized bidding transactions, with an average selling price of 19.56 yuan; and reduced its holdings by 13,350,000 shares via block trades, with an average selling price of 15.81 yuan. Its persons acting in concert, Changzhou Benteng Animal Husbandry Technology Service Center (Limited Partnership) (abbreviated as “Benteng Animal Husbandry”), reduced its holdings by 8,111,400 shares via centralized bidding transactions, with an average selling price of 21.36 yuan; and reduced its holdings by 2,770,000 shares via block trades, with an average selling price of 15.82 yuan. The above shareholders collectively reduced their holdings by 24,381,800 shares. Based on the average share price during the reduction period, the total cash proceeds are approximately 431,086,228 yuan.

(Editor: Tian Yunfei)

A large amount of information and precise analysis are available in the Sina Finance app