Weiteng Electric: Shareholders Zhenjiang Country Control and Oasis New Town are planning to reduce their holdings by no more than 1% of the company's shares.

date
28/09/2025
Weiten Electric announced that shareholders holding more than 5% of the shares, Zhenjiang Guokong and Oasis New City, due to their own funding needs, plan to reduce their holdings by no more than 1,876,475 shares through centralized auction trading within 3 months after the disclosure of the reduction plan, starting from the 15th trading day from the day of disclosure. This is not more than 1% of the total share capital of the company. The reduction period is from October 28, 2025 to January 27, 2026. The source of the reduced shares is from before the IPO.