Yingfang Micro has publicly stated that Orient Securities, a significant shareholder with an ownership stake exceeding 5%, is planning to reduce its holding by no more than 25,184,700 shares. This planned divestment represents 3% of the company's total share capital. The share reduction will take place within three months, commencing fifteen trading days after the date of the announcement's disclosure. The divestment will be executed through two primary methods: centralized bidding and block trading. It's noteworthy that the shares in question were originally acquired passively, as a result of the enforcement of a judicial ruling.
