
One of the actual controllers of Sinomag, Xiong Yongge, plans to reduce holdings by no more than 1.15 million shares

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Sinomag announced that its actual controller, Xiong Yongge, plans to reduce his holdings by no more than 1.15 million shares within three months after the announcement, accounting for 0.9924% of the company's total share capital. Meanwhile, the director and deputy general manager, Xiong Yan'ao, also plans to reduce his holdings by no more than 45,000 shares, accounting for 0.0388% of the company's total share capital
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