Yangzijiang Shipbuilding reports BlackRock’s exit as substantial shareholder
The global asset manager reduced its stake below 5% following share disposal.
Yangzijiang Shipbuilding (Holdings) Ltd said global investment firm BlackRock has ceased to be a substantial shareholder after reducing its stake in the company, according to a filing with the Singapore Exchange.
BlackRock’s interest fell below 5% after a share disposal on 31 October 2025. The change was attributed to a reduction in shares held as collateral. Following the adjustment, BlackRock’s deemed interest stands at about 4.3%.
Yangzijiang Shipbuilding said it will continue to update shareholders of any material changes in its ownership structure in accordance with exchange requirements.