Zoy Home Furnishing's largest shareholder plans to reduce their stake by no more than 3%.
Zhongyuan Home Furnishing (603709.SH) issued an announcement that Mr. Cao Yong, the actual controller, chairman, and general manager of the company, resigned due to personal reasons.
Zoy Home Furnishing (603709.SH) announced that Mr. Cao Yong, the actual controller, chairman, and general manager of the company, plans to reduce his holding of company shares by a total of no more than 3.7857 million shares through centralized bidding and block trading within 3 months after the date of this announcement, due to his own funding needs. The total reduction percentage shall not exceed 3% of the company's total share capital.
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