Beijing YanDong MicroElectronic (688172.SH): Yizhuang Guotou plans to reduce its shareholding by no more than 1%
Yan Dong Micro (688172.SH) announced that the company's shareholder Beijing Yizhuang International Investment Development Co., Ltd. (referred to as "Yizhuang Guotou") holding more than 5% of the company's shares, intends to reduce its holdings through centralized bidding within three months after the disclosure of this reduction plan 15 trading days later, not exceeding 14.2762 million shares, representing no more than 1% of the company's total share capital.
Beijing YanDong MicroElectronic (688172.SH) announced that the company's shareholder Beijing Yizhuang International Investment Development Co., Ltd. (referred to as "Yizhuang Guotou"), holding more than 5% of the shares, intends to reduce its holdings through centralised bidding for its own operational and management needs. Within three months after the disclosure of this reduction plan, Yizhuang Guotou will reduce its company's shares by no more than 14.2762 million shares, representing no more than 1% of the company's total share capital, through centralised bidding.
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