Eastward Era: Controlling shareholders plan to publicly solicit the transfer of 6.00% of the company's shares.
According to the announcement of Dongwang Times, the controlling shareholder Dongyang City Dongke Digital Technology Co., Ltd. holds 224 million shares of the company's unlimited tradable shares, accounting for 26.55% of the company's total share capital. Dongke Digital plans to transfer 50.6517 million shares of the company's unlimited tradable shares, accounting for 6.00% of the company's total share capital, through public solicitation. This public solicitation transfer still requires approval from the state-owned assets supervision and administration department, and there is uncertainty as to whether approval can be obtained and the time of approval; there is also uncertainty as to whether and when the company can enter the public solicitation transfer process.
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