
Nonfemet: The controlling shareholder subscribes to the private placement shares and commits not to reduce holdings during a specific period
Nonfemet announced that on March 3, 2025, the company will hold a board meeting to review and approve the proposal for the issuance of A-shares to specific targets for the year 2025. The controlling shareholder Guangsheng Holdings intends to fully subscribe to the newly issued shares in cash and has made a commitment not to reduce holdings: no reduction in holdings in the six months prior to the pricing reference date; no reduction in holdings within six months from the pricing reference date to the completion of the issuance; and no transfer of the subscribed shares within thirty-six months from the end of the issuance. If violated, the reduction gains will belong to the company

