TODAYTEC shareholders Shenghua Group and its concerted parties plan to reduce their holdings by no more than 4.5 million shares
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According to the announcement from TODAYTEC, the company's shareholder Shenghua Group Holdings Limited (referred to as "Shenghua Group") and its concerted party Qian Xiaomei plan to reduce their holdings in the company by a total of no more than 4.5 million shares (accounting for 2.98% of the total share capital after excluding shares in the company's repurchase special securities account) through block trades and centralized bidding within three months after the announcement date, starting from 15 trading days thereafter
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