STOCKS | Western Gold Shareholder Turpan Jinyuan Cuts Stake to 4.98%

Western Gold said shareholder Turpan Jinyuan Mining and Metallurgy Co., Ltd. reduced its holdings in the company. According to Jin10, the shareholder previously held 45.55 million shares, representing 5% of Western Gold’s total share capital. On May 7, 2026, Turpan Jinyuan disclosed a plan to reduce its stake by no more than 169,800 shares through centralized bidding, or up to 0.02% of the company. From May 29 to June 17, Turpan Jinyuan sold 169,800 shares via centralized bidding, accounting for 0.02% of Western Gold. The total value of the reduction was 4.53 million yuan. After the sale, Turpan Jinyuan’s holdings fell to 45.38 million shares, and its ownership ratio declined to 4.98%.