Zhejiang Rongtai announced on September 28 that its controlling shareholder and actual controller Ge Tairong, along with persons acting in concert Ge Tailiang and Shanghai Chaotai, reduced their combined holdings by 6.53 million shares, representing a total reduction of 1.38%, bringing the controlling shareholder camp's holding ratio down to 42.58%. In the first half of 2026, Zhejiang Rongtai achieved revenue of 898 million yuan and net profit attributable to the parent of 150 million yuan.
Zhejiang Rongtai Electric Material Co.,Ltd.Controlling shareholder camp reduced its stake by 6.53 million shares, cutting the holding ratio to 42.58%.
