On November 21, 2025, WU AVIATION (688297.SH) made an announcement stating that its shareholder, Chengdu Industrial Investments Group Co., Ltd., intends to decrease its holding by 10,125,000 shares. This number of shares accounts for 1.50% of the company's total share capital and will be transferred through a book-building process. The driving force behind this stake reduction is the shareholder's own requirements for capital. The entity receiving the shares must demonstrate appropriate pricing acumen and a capacity to bear risks. The shares earmarked for transfer are no longer subject to sale restrictions; they have a well-defined ownership status, and there are no factors that would restrict or forbid their transfer.
