Sinexcel Electric's actual controller Fang Xing plans to reduce holdings by no more than 1 million shares
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According to the Zhitong Finance APP, Sinexcel Electric announced that Mr. Fang Xing, the company's controlling shareholder, actual controller, chairman, and general manager, plans to reduce his holdings of the company's shares by no more than 1 million shares (accounting for 0.3205% of the company's total share capital after excluding shares in the repurchase special account) through centralized bidding or block trading within 3 months after the 15 trading days from the date of the pre-disclosure announcement
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