Sytech shareholders and executives plan to reduce their holdings by no more than 1.03% of the shares
Sytech announced that Guangxin Group plans to reduce its holdings by no more than 24.2912 million shares through centralized bidding and block trading within 15 trading days after the announcement, with a reduction ratio not exceeding 1%. In addition, Chen Renxi and Lin Daohuan plan to reduce their holdings by 636,600 shares and 150,000 shares, respectively, both not exceeding 25% of their total shareholdings
According to the announcement from Zhitong Finance APP, Sytech (600183.SH) has announced that Guangxin Group plans to reduce its holdings of the company's unrestricted circulating shares by no more than 24.2912 million shares through centralized bidding and block trading within three months after 15 trading days from the date of this announcement, with a reduction ratio not exceeding 1% of the company's total share capital. Mr. Chen Renxi and Mr. Lin Daohuan plan to reduce their holdings of the company's unrestricted circulating shares by no more than 636,600 shares and 150,000 shares, respectively, through centralized bidding within three months after 15 trading days from the date of the announcement, each not exceeding 25% of their total shareholdings, with the reduction price based on the market price at the time of the reduction
