Oppein Vision 5%+ Shareholder Plans to Trim Up to 26.83 Million Shares

Oppein Vision said on September 10 that Nanjing Outao Information Technology, a shareholder holding more than 5% of the company, plans to sell up to 26.8307 million shares, or no more than 3% of total share capital, over the three months after 15 trading days from the announcement date, according to Jiemian News. The sale window runs from October 12, 2026 to January 11, 2027. The shareholder plans to sell no more than 1% of total share capital through block trades and no more than 2% through centralized bidding. The reduction will not have a price range, and the shareholder said the move is for business development and funding needs. Based on the September 9 closing price of 10.84 yuan per share, the stake to be sold is worth up to about 291 million yuan.