ST Da Sheng: Shareholders holding more than 5% of the shares, with 4.5279 million shares, are planned to be forcibly sold by the court.
ST Dasheng announced that the company recently received a notice from the Futian Court that, due to a contractual dispute between shareholder Zhou Zhenke, who holds more than 5% of the shares, and another party, the 4.5279 million shares of the company held by Zhou Zhenke are planned to be forcefully sold by the court. Zhou Zhenke holds 44.3061 million shares of the company, accounting for 7.92% of the total share capital. Together with the concerted action parties, they hold 68.8088 million shares, accounting for 12.30%. The court will dispose of these shares through centralized competitive bidding from November 14 to December 13, 2025, with this portion of shares representing 0.81% of the total share capital. This forced sale does not affect the company's operation and control rights, but there is uncertainty.
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