Galaxy Century Microelectronics: Yinjian Investment and Yingguan Investment plan to collectively reduce their holdings by 1.46%
Galaxy Century Microelectronics announced that Yinjian Investment and Yinguan Investment plan to collectively reduce their holdings by 1.8823 million shares, accounting for 1.46% of the total share capital, within 3 months after the announcement is disclosed, specifically within 15 trading days. Director Meng Lang will reduce his holdings by 2,250 shares, accounting for 0.002% of the total share capital. The actual controller Yang Senmao has committed not to reduce his indirectly held shares, and this reduction plan will not have a significant impact on the company's governance structure and ongoing operations
According to the announcement from Zhitong Finance APP, Galaxy Century Microelectronics (688689.SH) announced that within three months after the 15 trading days following the disclosure of the share reduction plan, Yinjian Investment and Yinguan Investment plan to reduce a total of 1.8823 million shares through centralized bidding and block trading, accounting for 1.46% of the company's total share capital. Director Meng Lang plans to reduce 2,250 shares through centralized bidding, accounting for 0.002% of the company's total share capital
