BIWIN Storage (stock code: 688525.SH) has disclosed that its shareholders—Sun Jing, Shenzhen Baisheng, Shenzhen Baitai, Shenzhen Taidesheng, and Shenzhen Fangtailai—are set to trim their stakes in the company, driven by capital requirements. The planned divestment will take place between May 14, 2026, and August 13, 2026, through both centralized bidding and block trading mechanisms. Here are the specifics of the reduction plans: Sun Jing aims to offload no more than 4,708,400 shares, constituting 1.00% of the total share capital; Shenzhen Baisheng plans to reduce its holding by up to 523,200 shares, representing 0.11% of the total; Shenzhen Baitai intends to divest no more than 2,092,600 shares, accounting for 0.44% of the total; Shenzhen Taidesheng is set to cut its stake by a maximum of 732,400 shares, or 0.16% of the total; and Shenzhen Fangtailai plans to reduce its shares by no more than 1,360,200, making up 0.29% of the total share capital.
