The major shareholder of Ruifeng Optoelectronics reduced its holdings by another 5 million shares, and the plan to reduce its holdings has come to an end for the time being.

Ruifeng Optoelectronics announced on the evening of September 12 that the company received the "Letter on the Implementation Progress of the Share Reduction Plan" from the controlling shareholder and actual controller Gong Weibin on September 12. Gong Weibin reduced his holdings of 5,000,000 shares of the company's unrestricted tradable shares through the block trading system on September 11, accounting for 2.29% of the company's total share capital.

After this reduction, Gong Weibin holds 68,116,202 shares of the company, accounting for 31.19% of the company's total shares. Gong Weibin is still the company's controlling shareholder and actual controller. The difference between Gong Weibin's shareholding ratio and the shareholding ratio of the company's second largest shareholder is still greater than 5%.

Previously, the company issued the "Announcement on the Plan to Reduce the Shareholdings of Controlling Shareholders and Actual Controllers" on July 10, 2014. Due to personal capital needs, Gong Weibin planned to reduce his holdings of no more than 17.4 million shares of the company through centralized bidding or block transactions from July 14, 2014 to January 13, 2015 (within 6 months).

During the above-mentioned period, the controlling shareholder and actual controller reduced its holdings of 15,074,569 shares of the company's unrestricted tradable shares through the securities trading system and bulk trading system, accounting for 6.9% of the company's total share capital.

As of the announcement date, Gong Weibin's above-mentioned shareholding reduction plan still has 2,325,431 shares that have not yet been implemented. Gong Weibin promised not to reduce the 2,325,431 shares that have not been reduced from the announcement date to March 11, 2015 (6 months), nor to reduce the other sellable shares of the company he holds that are not subject to selling conditions.

PREVIOUS：Highlighted advantages: gold wire-free ceramic-based LED Flash light source NEXT：The data behind Mulinsen’s listing

The major shareholder of Ruifeng Optoelectronics reduced its holdings by another 5 million shares, and the plan to reduce its holdings has come to an end for the time being.

RELATED NEWS

CATEGORIES

PRODUCTS CATEGORIES

LATEST NEWS

CONTACT US