Chinese Super Holding: The actual controlling shareholder has reduced its holdings of stocks for the purchase of equipment for Jiangsu Jingzhu Equipment.
China Super Holdings announced on May 25th that the cumulative deviation of the closing prices on May 22nd and May 23rd reached 22.91%, which falls under the category of abnormal stock fluctuation according to the regulations of the Shenzhen Stock Exchange. After verification, there have been no significant changes in the company's operations or internal and external operating environment recently. The company, controlling shareholder, and actual controller have not withheld any material information that should be disclosed, nor are there any significant matters in the planning stage. The company has not found any recent public media reports on undisclosed material information that may have a significant impact on the company's stock trading price. The actual controller, Yang Fei, sold 2,230,000 shares of stock acquired from the secondary market, accounting for 0.16% of the company's total share capital. On May 8, 2025, the company disclosed an announcement regarding the actual controller providing financial support to a subsidiary and related transactions. The funds obtained from Yang Fei's divestment will primarily be used for the purchase of equipment by Jiangsu Finecast. Depending on market conditions, Yang Fei will consider increasing his stake in the company at an appropriate time. The controlling shareholder did not buy or sell any of the company's stock during the abnormal stock trading period.
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