Tianjin Construction Development Group’s Controlling Shareholder to Cut Stake but Retain Control

Tianjin Construction Development Group Co., Ltd. Class H ( (HK:2515) ) has shared an announcement.

Tianjin Construction Development Group has disclosed that its controlling shareholder, Wang Wenbin, plans to reduce his stake via his holding vehicle Shengyuan Group Holdings (Tianjin) Co., Ltd. Shengyuan Holdings intends to dispose of up to 71,988,028 H-shares through block trades by 30 April 2026, equivalent to about 27.8% of the current issued share capital.

Following the planned selldown, Wang is expected to retain approximately 33.02% of the company’s shares and will remain a controlling shareholder under Hong Kong listing rules. The company stressed that the transaction will not alter the roster of controlling shareholders, and it pledged to issue further announcements and comply with listing requirements while advising shareholders and potential investors to exercise caution when trading its shares.

More about Tianjin Construction Development Group Co., Ltd. Class H

Tianjin Construction Development Group Co., Ltd. is a Hong Kong-listed joint stock company incorporated in the People’s Republic of China. The group operates in the construction and infrastructure development sector, with its H-shares traded on the Hong Kong Stock Exchange under stock code 2515, targeting investors seeking exposure to mainland Chinese construction activities.

The company is overseen by a board comprising executive, non-executive and independent non-executive directors. Its controlling shareholder is Wang Wenbin, who holds his stake partly through Shengyuan Group Holdings (Tianjin) Co., Ltd., and remains a key figure in the group’s governance and strategic direction.

Average Trading Volume: 536,285

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$277.1M

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