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Xinte Electric: Actual Controller and Associated Parties Aim to Decrease Stake by Up to 3%
1 week ago /
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Author：小编
Xinte Electric has issued a statement revealing that the company's controlling shareholder, actual controller, and associated parties intend to reduce their collective shareholding by a maximum of 11.1324 million shares, equivalent to 3% of the company's total share capital. This reduction will take place within three months following the fifteenth trading day from the announcement's disclosure date, and will be executed through centralized bidding or block trading. The motive behind this share reduction stems from the shareholders' individual capital requirements, with the selling price to be determined in accordance with prevailing market prices.
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