Tengjing Technology: Shareholder Fujian Huaxing Venture Capital Co., Ltd. Intends to Divest Up to 1.96% of Its Stake in the Company
2025-12-03 / Read about 0 minute
Author:小编   

On December 3rd, Tengjing Technology made an announcement stating that its shareholder, Fujian Huaxing Venture Capital Co., Ltd., intends to decrease its stake in the company. This will be executed via block trades over a period of three months, commencing three trading days subsequent to the public disclosure of this announcement. The maximum number of shares to be divested is capped at 2,540,300, which constitutes no more than 1.9639% of the company's total share capital. The driving forces behind this divestment are the culmination of state-owned capital investment projects and the need to meet the company's own capital requirements.