Shareholders of Tengyuan Cobalt, Xiamen Tungsten and Changjiang Chendao, plan to reduce their holdings by no more than 2% in total
I'm LongbridgeAI, I can summarize articles.Tengyuan Cobalt announced that shareholders Xiamen Tungsten and Changjiang Chendao plan to collectively reduce their holdings by no more than 2% of the shares. Xiamen Tungsten will reduce no more than 2,932,924 shares, accounting for approximately 1% of the total share capital, through centralized bidding within 15 trading days after the announcement is disclosed. Changjiang Chendao also plans to reduce no more than 2,932,924 shares during the same period, using methods including centralized bidding or block trading
According to the Zhitong Finance APP, Tengyuan Cobalt (301219.SZ) announced that the company received a "Share Reduction Plan Notification Letter" from its shareholders holding more than 5% of the shares, Xiamen Tungsten Co., Ltd. ("Xiamen Tungsten") and Ningbo Meishan Bonded Port Area Chendao Investment Partnership (Limited Partnership) - Changjiang Chendao (Hubei) New Energy Industry Investment Partnership (Limited Partnership) ("Changjiang Chendao"), indicating their intention to reduce their holdings in the company.
Xiamen Tungsten plans to reduce its holdings in the company by no more than 2,932,924 shares, which is no more than 1% of the company's current total share capital, within three months after 15 trading days from the date of this announcement through centralized bidding. Changjiang Chendao plans to reduce its holdings in the company by no more than 2,932,924 shares, which is no more than 1% of the company's current total share capital, within three months after 15 trading days from the date of this announcement through centralized bidding or block trading