Zhengzhou Coal Mining Machinery Group (00564) was decreased by Hongyi Investment to reduce 13.2097 million A shares through centralized bidding trading.

date
19/11/2024
avatar
GMT Eight
Zhengzhou Coal Mining Machinery Group (00564) announced that on July 29, 2024, the company disclosed the "Announcement of Shareholder's Reduction Plan of Zhengzhou Coal Mining Machinery Group Co., Ltd." (Announcement No.: 2024-035). Hongyi Investment plans to reduce its total holding of the company's shares by no more than 17.85 million shares, or 1.00% of the total share capital, through centralized bidding or block trading within 3 months after the disclosure date of this announcement. If there are any share changes such as bonus shares or capital reserves capitalization during this period, the reduction plan will be adjusted accordingly. The reduction price will be determined based on the market price at the time of implementation. As of November 18, 2024, Hongyi Investment's reduction plan has reached its expiration date. During the reduction period, Hongyi Investment reduced 13.2097 million A-shares of the company through centralized bidding trading and did not reduce any shares through block trading.

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