SCIENTECH received a reduction of 11.14 million H shares from its controlling shareholder Lepu Medical
I'm LongbridgeAI, I can summarize articles.SCIENTECH announced that its controlling shareholder Lepu Medical reduced its holdings by 11.14 million H shares through block trading at HKD 22.79 per share, accounting for approximately 3.21% of the issued shares. After the reduction, Lepu Medical still holds 268.86 million shares, accounting for approximately 77.54% of the total share capital. Lepu Medical stated that it is confident in the company's business operations, and the reduction aims to enhance stock liquidity
According to the Zhitong Finance APP, SCIENTECH (02291) announced that the company's board of directors has been informed by one of its controlling shareholders, Lepu (Beijing) Medical Instrument Co., Ltd. (Lepu Medical, whose shares are listed on the Shenzhen Stock Exchange's ChiNext with the stock code: 300003), that Lepu Medical will sell a total of 11.14 million H shares of the company through block trading on August 26, 2025, at a price of HKD 22.79 per share, accounting for approximately 3.21% of the total issued shares of the company as of the date of this announcement (the sale). After the sale, Lepu Medical will continue to hold 268.86 million shares, including 266.06 million shares directly held by Lepu Medical and 2.8 million shares held by its subsidiary Beijing Tiandi Hexie Technology Co., Ltd., accounting for approximately 77.54% of the total issued share capital of the company as of the date of this announcement, demonstrating its firm confidence in the company. Lepu Medical is confident in the business operations of the group, and the sale aims to enhance the liquidity of the company's stock