The actual controller of TENGEN and its concerted parties plan to reduce their holdings by no more than 2.36% of the shares
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TENGEN announced that the actual controller Gao Tianle and his concerted actors plan to reduce their holdings by no more than 2.36% of the shares in total. Gao Tianle intends to reduce his holdings by no more than 8.073 million shares, accounting for 1.60% of the total share capital, due to personal funding needs. Concerted actors Gao Xiao and Gao Jue plan to reduce their holdings by no more than 3.0285 million shares and 825,000 shares, respectively, accounting for 0.60% and 0.16%
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