Mingxin Xuteng Shareholder Mingxin Asset Reduces Stake by 1.48 Million Shares and Ends Reduction Plan Early

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Mingxin Xuteng announced that shareholder Zhejiang Mingxin Asset Management Co., Ltd. has reduced its stake by 1.48 million shares through block trades, accounting for 0.91% of the company's total share capital, and Mingxin Asset has decided to terminate this share reduction plan early. In the first quarter of 2026, Mingxin Xuteng achieved revenue of 302 million yuan and a net loss attributable to the parent company of 15.42 million yuan.

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