Milkyway's controlling shareholders plan to reduce their holdings by no more than 4.02%
I'm LongbridgeAI, I can summarize articles.Milkyway announced that controlling shareholders Chen Yinhai and Li Renli plan to reduce their holdings by no more than 2.3718 million shares (each accounting for 1.50%), while shareholder Junlian Maolin plans to reduce its holdings by no more than 1.6166 million shares (accounting for 1.02%). The reduction will be conducted through block trades and centralized bidding transactions, within 3 months after the announcement, during 15 trading days
According to the announcement from Milkyway (603713.SH), the actual controller and controlling shareholder Mr. Chen Yinhai plans to reduce his holdings in the company by no more than 2.3718 million shares through block trading and centralized bidding, which accounts for no more than 1.50% of the company's total share capital, within three months after 15 trading days from the date of the announcement.
The actual controller and shareholder Ms. Li Renli also plans to reduce her holdings in the company by no more than 2.3718 million shares through block trading and centralized bidding, which accounts for no more than 1.50% of the company's total share capital, within three months after 15 trading days from the date of the announcement.
The shareholder Junlian Maolin plans to reduce its holdings in the company by no more than 1.6166 million shares through block trading and centralized bidding, which accounts for no more than 1.02% of the company's total share capital, within three months after 3 trading days from the date of the announcement