The controlling shareholder of Zheng Zhong Design intends to reduce its holdings by no more than 3%
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According to the announcement from ZHENGZHONG Design, the company recently received a notice from its controlling shareholder, Shenzhen Yatai Yizhao Investment Co., Ltd., regarding the share reduction plan. Within three months after 15 trading days from the date of the announcement, the company will reduce its shares by no more than 8.9976 million shares (not exceeding 3% of the total share capital after excluding the shares in the repurchase special account) through centralized bidding and block trading
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