Digital Authentication: Capital Information Development Co., Ltd., a Major Shareholder, Intends to Divest Up to 2% of Its Stake in the Company
2025-10-31 / Read about 0 minute
Author:小编   

Digital Authentication (300579.SZ) has issued a statement revealing that its significant shareholder, Capital Information Development Co., Ltd., intends to divest up to 2.7 million shares (accounting for 1% of the company's total share capital per transaction) through two distinct methods: centralized bidding and block trading. This divestment will occur within a three-month window, commencing fifteen trading days post the announcement's disclosure date (spanning from November 24, 2025, to February 20, 2026, with the exclusion of any periods where share reductions are legally or regulatorily restricted). In total, the stake reduction will not exceed 5.4 million shares, which is equivalent to 2% of the company's total share capital. The proceeds generated from this share reduction initiative will be earmarked for technological innovation endeavors, including investments in AI, data processing, and the development of a cloud-native microservices software platform. Additionally, the funds will support R&D efforts focused on the Hongteng and Hongshun product lines.