The concerted action parties of the actual controller of Liance Technology plan to reduce their holdings by no more than 2.98% of the shares
Liance Technology announced that the concerted actors of the actual controller, Li Hui and Zhang Hui, plan to reduce their holdings by no more than 2.98%. Li Hui intends to reduce his holdings by no more than 320,000 shares and 640,000 shares through centralized bidding and block trading, while Zhang Hui also plans to reduce the same amount, with a reduction ratio not exceeding 1.49% of the total shares of the company. The reduction will take place within 3 months after the announcement is disclosed, within 15 trading days
According to the announcement from Zhitong Finance APP, Liance Technology (688113.SH) has recently received a notice from Mr. Li Hui, a concerted actor of the actual controller of the company, director, and deputy general manager, as well as Mr. Zhang Hui, a concerted actor of the actual controller of the company and director, regarding the share reduction plan of Jiangsu Liance Electromechanical Technology Co., Ltd. Due to personal funding needs, Mr. Li Hui intends to reduce his holdings in the company by no more than 320,000 shares through centralized bidding and by no more than 640,000 shares through block trading, with a total reduction not exceeding 1.49% of the company's total shares; Mr. Zhang Hui intends to reduce his holdings in the company by no more than 320,000 shares through centralized bidding and by no more than 640,000 shares through block trading, with a total reduction not exceeding 1.49% of the company's total shares. The reduction period is within three months after 15 trading days from the date of the announcement
