Hong Kong Jifei, a shareholder of Zhejiang Chenfeng Technology (603685.SH), plans to reduce its holdings by no more than 7.57 million shares of the company.
Chenfeng Technology (603685.SH) announced that its shareholder holding more than 5%, Hong Kong Jifei Industrial Co., Ltd. (referred to as Hong Kong Jifei), plans to reduce its holdings in the company within three months after the expiration of 15 trading days from the date of this announcement, by no more than 2.52 million shares through centralized bidding, which accounts for no more than 1% of the total shares of the company; and by no more than 5.05 million shares through block trading, which accounts for no more than 2% of the total shares of the company.
Zhejiang Chenfeng Technology (603685.SH) announced that its shareholder holding more than 5%, Hong Kong Jifei Industrial Co., Ltd. (referred to as "Hong Kong Jifei"), plans to reduce its stake in the company through centralized bidding trading within three months after 15 trading days from the announcement date, by no more than 2.52 million shares, which is no more than 1% of the company's total shares; and through block trading, by no more than 5.05 million shares, which is no more than 2% of the company's total shares.
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