Goldman Sachs Boosts Stake in Jianghuai Auto While Notable Investor Fang Wenyan Trims Position in Late June

Deep News
Aug 19

Based on the 2026 semi-annual report released by Anhui Jianghuai Automobile Group Corp.,Ltd. (SH: 600418) on the evening of August 19, prominent retail investor Fang Wenyan, wife of Zhang Jianping, held 23.4602 million shares as of June 30, 2026, including 20.0481 million restricted shares from a private placement.

According to the company's June announcement, Fang Wenyan's total holdings stood at 26.6502 million shares as of June 23, also including the 20.0481 million restricted placement shares. This indicates that between June 24 and June 30, Fang reduced her stake in the company's freely tradable shares by 3.19 million shares.

Earlier records show that as of June 9, Fang Wenyan held 35.8852 million shares of Jianghuai Auto. This means that from June 10 to June 23, she sold 9.235 million shares, with estimated proceeds of approximately 290 million yuan based on the average price during that period. The stock's weak performance since the second quarter has drawn market attention to this selling activity, and the semi-annual report confirms her continued reduction during the June 24-30 window.

However, it is noteworthy that as of June 30, Goldman Sachs International's proprietary funds had become the eighth-largest circulating shareholder of Jianghuai Auto, holding 12.7248 million shares. Given that the tenth-largest circulating shareholder held 10.4454 million shares as of June 23, this implies that Goldman Sachs International purchased at least 2.2794 million shares during the June 24-30 period to secure its position at eighth place.

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