TENGEN shareholders and executives plan to reduce their holdings by no more than 1%
TENGEN announced that its controlling shareholder, Dongguan Tianqi Equity Investment Co., Ltd., plans to reduce its holdings by no more than 1.325 million shares through centralized bidding from August 7 to November 6, 2025, accounting for approximately 0.76% of the total share capital. At the same time, director Luo Yaodong and his spouse Zou Fang also plan to reduce their holdings during the same period, with Luo Yaodong planning to reduce no more than 319,400 shares and Zou Fang planning to reduce 100,000 shares
According to the Zhitong Finance APP, TENGEN (003003.SZ) announced that its controlling shareholder and actual controller, Dongguan Tianqi Equity Investment Co., Ltd. (referred to as "Tianqi Equity Investment"), holds 5 million shares of the company, accounting for 2.87% of the total share capital. It plans to reduce its holdings by no more than 1.325 million shares, or 0.76% of the total share capital, through centralized bidding within three months after the announcement date, specifically from August 7, 2025, to November 6, 2025.
The company's director and senior executive, Mr. Luo Yaodong, and his spouse, Ms. Zou Fang (both shareholders of the company), also plan to reduce their holdings through centralized bidding within three months after the announcement date, specifically from August 7, 2025, to November 6, 2025. Mr. Luo holds 7.5185 million shares, accounting for 4.31% of the total share capital, and plans to reduce his holdings by no more than 319,400 shares, or 0.18% of the total share capital; Ms. Zou holds 100,000 shares, accounting for 0.06% of the total share capital, and plans to reduce her holdings by no more than 100,000 shares, or 0.06% of the total share capital
