Shenqi Pharma Controlling Shareholder's Concert Party Zhang Zhijun Completes Share Reduction, Cutting 2.69% Stake

English summary

Shenqi Pharma announced that Zhang Zhijun, a concert party of the controlling shareholder, reduced 14.3623 million shares (2.69% of total equity) via concentrated bidding and block trades from May 28 to August 20, 2026, totaling RMB 97.5575 million. After the reduction, Zhang holds no shares, which may pressure the stock price in the short term.