The three major A-share indices opened mixed, with Moore Threads rising 468%

36Kr learned that the three major A-share indices opened mixed, with the Shanghai Composite Index opening down 0.07%, the Shenzhen Component Index opening up 0.1%, and the ChiNext Index opening up 0.55%; Moore Threads opened up 468% on its first day of trading; the leisure goods, communication equipment, and electrical grid sectors led the gains, with GOLDLOK HOLDINGS hitting the daily limit, YCIG rising over 4%, and Dongfang Cable rising over 1%; the forestry, semiconductor, and shipping sectors fell, with PINGTAN DEVELOPMENT and Cambricon Technologies dropping over 2%, and CMES falling over 1%

The A-share satellite navigation sector surged at the beginning of the trading session, with ELECSPN and StarNeto both hitting the daily limit, Joyware rising over 10%, and YCIG, China Spacesat, West Test, M&S ELECTRONICS, and Shengbang Security following suit

Shareholder Wuhan JinKong Group of Yangtze Communication plans to reduce its holdings by no more than 1%

According to the Zhitong Finance APP, YCIG announced that the company's shareholder Wuhan Jinkong Group intends to reduce its holdings of the company's shares by no more than 3.2961 million shares through centralized bidding trading within 3 months after 15 trading days from the date of this announcement, accounting for no more than 1% of the company's total share capital

YCIG: Plans to sell no more than 0.15% of its shares in Yangtze Optical Fibre

YCIG announced that as of the disclosure date, the company holds 120 million shares of Yangtze Optical Fibre and Cable Joint Stock Limited Company, accounting for 15.82% of the total share capital of Yangtze Optical Fibre. The company plans to sell no more than 1.1 million shares of Yangtze Optical Fibre through a centralized bidding method on the stock exchange, accounting for 0.15% of the total share capital of Yangtze Optical Fibre, with the transaction price determined based on market prices. This sale has been approved by the ninth meeting of the tenth board of directors and does not require submission for shareholder meeting approval

YOFC: YCIG plans to reduce its holdings by no more than 1.1 million shares

According to the announcement from Zhitong Finance APP, YOFC announced that its shareholder YCIG plans to reduce its holdings of the company's A shares by no more than 1.1 million shares, accounting for no more than 0.15% of the total shares of the company, within 3 months after 15 trading days from the date of the announcement due to its own operational development needs