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Rainbow Co., Ltd. (SHA: 600707): Xianyang Urban Construction Investment has reduced its stake by 0.77%.
Gelonghui, May 27 — CHOT (600707.SH) announced that on May 27, 2026, the Company received a letter from Xianyang Urban Construction Investment Holding Group Co., Ltd. (hereinafter referred to as “Xianyang Chengtou”), a shareholder holding more than 5% of the Company’s shares, titled “Notification Regarding the Reduction of CHOT Shares Crossing the 1% Threshold.” Between May 26 and May 27, 2026, Xianyang Chengtou sold 27,620,200 shares—acquired through the Company’s private placement—via centralized bidding transactions on the Shanghai Stock Exchange, representing 0.77% of the Company’s total share capital. Following this reduction, Xianyang Chengtou holds