Chifeng Jilong Gold Mining (06693) has seen its controlling shareholder and its concerted action parties' shareholding diluted by more than 1% due to the issue of H shares.
Chifeng Gold (06693) announced that on March 10, 2025, the company issued 205,65...
Chifeng Jilong Gold Mining (06693) announced that on March 10, 2025, the company issued 205,652,000 shares (before exercising the over-allotment option) of H shares and listed on the Main Board of the Hong Kong Stock Exchange. The total share capital of the company increased from 1,663,911,378 shares to 1,869,563,378 shares (before exercising the over-allotment option). The controlling shareholder, Ms. Li Jinyang, and her concerted action person Hanfeng Zhongxing, maintained the same number of shares in the company, but their shareholding percentage passively diluted. Ms. Li Jinyang's shareholding percentage decreased from 11.44% before the listing to 10.18%, and the combined shareholding percentage of Ms. Li Jinyang and her concerted action person decreased from 14.54% to 12.94% before the listing. This change in equity will not lead to a change in the company's controlling shareholder or actual controller.
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