Guocheng Mining: Shareholder with more than 5% stake passively diluted to below 5%
Guocheng Mining announced that the shareholder Jingyu Private Equity Fund, holding more than 5% of the shares, had its shareholding percentage passively diluted to below 5% due to the conversion of the company's convertible bonds. After the change in equity, Jingyu Private Equity Fund holds 57 million shares of the company, accounting for 4.99% of the current total share capital, no longer being a shareholder with more than 5% ownership. This change in equity does not involve shareholders increasing or decreasing their holdings, does not trigger a tender offer, will not result in changes to the controlling shareholder or actual controller of the company, and will not affect the company's governance structure and ongoing operations.
Latest

