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Zhongji Innolight has released an official announcement, revealing that its principal shareholder, Shandong Zhongji Investment Holdings Co., Ltd., intends to divest a maximum of 5.5 million shares, equivalent to 0.49% of the company's total outstanding shares, through a block trade within the forthcoming three-month period. The divestiture price will align with prevailing market rates. The divestment period will kick off 15 trading days subsequent to the announcement date and will span three months. Post-divestment, Zhongji Holdings, along with its affiliated entities, commits to refraining from any further share reductions for a duration of 12 months. This strategic share reduction is not anticipated to alter the company's control structure, governance, or ongoing business operations.
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