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Or Opt for a Cashing-Out of 160 Million RMB: Letiwin's Majority Shareholder Intends to Divest Stakes
2 week ago /
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Author：小编
Letiwin has disclosed that its majority shareholder, Wuxi Yijing Investment, is set to decrease its stake by offloading no more than 4.0108 million shares, which account for 3% of the company's total share capital. This divestment will be carried out via centralized bidding and block trading mechanisms, spanning from November 14, 2025, to February 13, 2026. The move is driven by Wuxi Yijing Investment's internal capital requirements. Taking into account the prevailing share price, it is anticipated that this divestment will result in a cash-out of roughly 160 million RMB. Notably, Letiwin's net profit for the first half of the year witnessed a significant decline of 78.72% on a year-on-year basis.
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