On November 5th, Jinshi Data reported that Guoyang Stock announced that its shareholder Cheng Shangnan and its concerted action person Xinde Investment, who hold more than 5% of the shares, have completed the reduction plan, with a total reduction of 6.489 million shares, accounting for 1.15% of the total share capital. Among them, Cheng Shangnan reduced 4.7562 million shares through centralized Bidding transactions from November 1st to 4th, 2024, and Xinde Investment reduced 0.8647 million shares on November 4th, 2024. This reduction is in accordance with the previously disclosed plan and will not result in a change in the company’s control.
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Guangyang Shares: Shareholders and concerted actors reduce their stake by 1.15%
On November 5th, Jinshi Data reported that Guoyang Stock announced that its shareholder Cheng Shangnan and its concerted action person Xinde Investment, who hold more than 5% of the shares, have completed the reduction plan, with a total reduction of 6.489 million shares, accounting for 1.15% of the total share capital. Among them, Cheng Shangnan reduced 4.7562 million shares through centralized Bidding transactions from November 1st to 4th, 2024, and Xinde Investment reduced 0.8647 million shares on November 4th, 2024. This reduction is in accordance with the previously disclosed plan and will not result in a change in the company’s control.