GENESIS SCALE (00439) is considering selling its stake in Kuang-Chi Technologies.
Han Source Holdings (00439) announced that as of the date of this announcement, the company (through the seller) collectively holds 40,799,936 shares of Guangqi Technology, accounting for 1.89% of the total number of issued shares of Guangqi Technology. Subject to approval by the shareholders, the Group plans to continue selling all of these Guangqi Technology shares through the trading system of the Shenzhen Stock Exchange on the open market within the authorized period (i.e. a 12-month period), or through block trades. It is expected that the selling price per share of Guangqi Technology will not be lower than the minimum price of 33.56 yuan.
Genesis Scale (00439) announced that as of the date of this announcement, the company (through the seller) collectively holds 40,799,936 shares of Kuang-Chi Technologies, representing 1.89% of the total number of issued Kuang-Chi Technologies shares. Subject to shareholder approval, the Group intends to continue selling all of these Kuang-Chi Technologies shares through the trading system of the Shenzhen Stock Exchange in the open market within the authorization period (a 12-month period), or conduct block trades to sell all of these Kuang-Chi Technologies shares. It is expected that the selling price per share of Kuang-Chi Technologies will not be less than the minimum price of RMB 33.56.
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