LETE's controlling shareholder plans to transfer 5% of the company's shares to OLYMPIC
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The controlling shareholder of LETE, Guangdong Tenail Investment Co., Ltd., intends to transfer its 7.759 million shares of the company (accounting for 5% of the total share capital) to OLYMPIC at a price of 19.74 yuan per share, with a total transfer price of 153 million yuan. This share transfer does not involve a change in the company's control and will not have a significant impact on the company's governance structure and ongoing operations
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