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On September 30, OmniVision Group (603501.SH) disclosed that its principal shareholder, Yu Renrong, intends to divest a maximum of 24 million shares via block trading. This divestment will occur within a three-month window starting 15 trading days after the public announcement, with the primary objective of repaying outstanding loans and diminishing the pledge ratio of his shares. The planned divestment represents 1.99% of the company's total issued share capital. The exact divestment price will hinge on the prevailing market price at the time of execution. In the event of any corporate actions affecting the share structure, such as dividend distributions or bonus share allocations, adjustments will be made to both the volume and price of the shares being divested.
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