The concerted action party of the actual controller of Liance Technology plans to reduce its holdings by no more than 640,000 shares
I'm LongbridgeAI, I can summarize articles.Liance Technology announced that the actual controller's concerted actor, Vice Chairman Yu Xuanxuan, plans to reduce holdings by no more than 540,000 shares, accounting for 0.84%; Yu Lusheng plans to reduce holdings by no more than 100,000 shares, accounting for 0.16%. The reduction will be conducted through centralized bidding, within 3 months after the announcement is disclosed, and within 15 trading days
According to the announcement from Zhitong Finance APP, Liance Technology (688113.SH) has recently received a notice from Mr. Yu Xuanxuan, the company's vice chairman and a concerted actor of the actual controller, regarding the share reduction plan of Jiangsu Liance Electromechanical Technology Co., Ltd. - Yu Xuanxuan, as well as a notice from Mr. Yu Lusheng, another concerted actor of the actual controller, regarding the share reduction plan of Jiangsu Liance Electromechanical Technology Co., Ltd. - Yu Lusheng.
Due to personal funding needs, Mr. Yu Xuanxuan plans to reduce his holdings in the company by no more than 540,000 shares through centralized bidding, with a total reduction ratio not exceeding 0.84% of the company's total shares; Mr. Yu Lusheng plans to reduce his holdings in the company by no more than 100,000 shares through centralized bidding, with a total reduction ratio not exceeding 0.16% of the company's total shares. The reduction period is within three months after 15 trading days from the date of this announcement