Multiple shareholders of Lootom Telcovideo Network (Wuxi) (300555.SZ) plan to collectively reduce their holdings by no more than 7.31 million shares.

07/02/2025

GMT Eight

Announcement from Lootom Telcovideo Network (Wuxi) (300555.SZ): The specific shareholders Yongxin Huid, Mr. Gu Jiming, Mr. Yin Guanmin, and Mr. Qiu Yibing plan to reduce their shares in the company, with a total reduction of no more than 7.31 million shares.

CROSSTEC (03893) plans to offer a discount of approximately 10.31% for the maximum of 31.104 million shares for sale. The net proceeds are expected to be around 6.01 million Hong Kong dollars.

Fud International: It is expected that the European Central Bank will maintain its current pace of interest rate cuts until rates reach a neutral level of around 2%.

Contact: contact@gmteight.com

Multiple shareholders of Lootom Telcovideo Network (Wuxi) (300555.SZ) plan to collectively reduce their holdings by no more than 7.31 million shares.

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