Juneyao Air (HO, Shanghai Hongqiao) said its controlling shareholder, Shanghai Juneyao Group, had completed a previously announced share reduction plan, disposing of 65,510,065 shares, equivalent to 3% of the airline's total share capital, between December 15, 2025, and March 14, 2026. The shares were sold via centralised bidding and block trades at CNY12.50-14.70 (USD1.80-2.15) per share, generating proceeds of CNY851.2 million (USD123.8 million).

Following the transaction, the group's holding declined to 955,352,015 shares, or 43.74%, down from 46.74% prior to the sale. The reduction was executed in line with a previously disclosed plan and indicates shareholder-level capital management rather than operational changes.