The actual controllers of MustangBattery, Chen Yijun, Yu Gufeng, and Chen Kejun, plan to collectively reduce their holdings by no more than 3%
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MustangBattery announced that the actual controllers Chen Yijun, Yu Gufeng, and Chen Kejun plan to collectively reduce their holdings by no more than 3% of the shares. Chen Yijun plans to reduce his holdings by no more than 1.95 million shares (0.75%), Yu Gufeng plans to reduce his holdings by no more than 3.92 million shares (1.5%), and Chen Kejun plans to reduce his holdings by no more than 1.95 million shares (0.75%)
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