XJ Harbour HK Ltd Reduces Stake in SCHMID Group N.V. to 19.2% via Open Market Sales

XJ Harbour HK Limited, along with affiliated entities Xinjin Global Industrial Fund LP, Xinjin Global Industrial Fund GP Limited, and Xinjin Investment Holding Limited, filed a Schedule 13D/A on May 12, 2026, regarding their holdings in SCHMID Group N.V. (SHMD). The filing reports a decrease in beneficial ownership to 10,162,575 Class A Ordinary Shares, representing approximately 19.2% of the class. This is a reduction from their previous position of 11,420,271 shares (22.6%). The decrease resulted from the disposal of an aggregate 1,257,696 shares through open market sales between April 23, 2026, and May 12, 2026. Notable transactions include the sale of 500,534 shares on May 8 at $6.1460 and 344,116 shares on May 11 at $6.0221. The reporting persons maintain sole voting and dispositive power over the remaining shares. The ownership percentage is based on 52,800,864 outstanding Class A Ordinary Shares, excluding certain earn-out shares and warrants.