Jin10 data reported on July 21 that Landun Optoelectronics announced that its controlling shareholder, actual controller, and director Mr. Yuan Yonggang plans to reduce his holdings by no more than 1.8462 million shares, accounting for 1.00% of the company’s total share capital. Mr. Yuan currently holds 44.1959 million shares, accounting for 23.94% of the company’s total share capital. The reduction will be conducted through centralized bidding and Block Trading, with the reduction period being within 3 months after 15 trading days from the disclosure of the reduction plan. The reduction price will be determined based on the Secondary Market price at the time of reduction and will comply with relevant laws and regulations as well as shareholder commitments. The implementation of this reduction plan will not lead to a change in the company’s control, nor will it affect the company’s governance structure and ongoing operations.
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Blue Shield Optoelectronics: Controlling shareholder Yuan Yonggang plans to reduce his holdings by no more than 1.00%.
Jin10 data reported on July 21 that Landun Optoelectronics announced that its controlling shareholder, actual controller, and director Mr. Yuan Yonggang plans to reduce his holdings by no more than 1.8462 million shares, accounting for 1.00% of the company’s total share capital. Mr. Yuan currently holds 44.1959 million shares, accounting for 23.94% of the company’s total share capital. The reduction will be conducted through centralized bidding and Block Trading, with the reduction period being within 3 months after 15 trading days from the disclosure of the reduction plan. The reduction price will be determined based on the Secondary Market price at the time of reduction and will comply with relevant laws and regulations as well as shareholder commitments. The implementation of this reduction plan will not lead to a change in the company’s control, nor will it affect the company’s governance structure and ongoing operations.