CSII: Shareholder Kelaishenghe plans to reduce its holdings in the company by 0.64% through passive means
CSII announced that the company recently received a "Notice of Continued Assistance in Execution" from Haitong Securities delivered by the Beijing Financial Court. The Beijing Financial Court requests Haitong Securities to continue assisting in the execution. Within ten trading days from the date of delivery of the assistance execution notice, they are to continue to forcibly liquidate the stocks of the executed party, Ningbo Kelong Shenghe Investment Management Partnership, at market price, with the amount of forced liquidation limited to RMB 18.5441 million. As of the announcement date, Kelong Shenghe holds a total of 27.4792 million shares of the company, accounting for 5.74% of the company's total share capital. The number and proportion of shares to be forcibly executed do not exceed 3.0836 million shares, accounting for 0.64% of the company's total share capital
