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Darbond Tech's three controlling shareholders plan to sell up to ~3% stake, citing personal funding needs
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Debang Technology (Debang Tech) announced that its controlling shareholders, actual controllers, and persons acting in concert, Wang Jianbin, Chen Xin, and Lin Guocheng, plan to reduce their holdings in the company. Wang Jianbin intends to sell up to 1.9672 million shares, representing no more than 1.38% of total share capital. Chen Xin plans to sell up to 400,000 shares, or 0.28% of total share capital. Lin Guocheng plans to sell up to 1.9 million shares, or 1.34% of total share capital. The reduction period is from October 23, 2026, to January 22, 2027. The stated reason for the reduction is personal capital needs. The company stated that this reduction will not result in a change of controlling shareholder or actual controller.
Source report
Shanghai – Debang Technology has announced that its controlling shareholder, actual controller, and parties acting in concert—Wang Jianbin, Chen Xin, and Lin Guocheng—plan to reduce their respective shareholdings in the company.
Key Details of the Planned Reductions
| Shareholder | Planned Reduction (Shares) | Percentage of Total Share Capital | |-------------|---------------------------|-----------------------------------| | Wang Jianbin | Up to 1,967,200 shares | Up to 1.38% | | Chen Xin | Up to 400,000 shares | Up to 0.28% | | Lin Guocheng | Up to 1,900,000 shares | Up to 1.34% |
- Reduction Period: October 23, 2026, to January 22, 2027
- Reason for Reduction: Personal capital needs
Impact on Company Control
The company stated that this share reduction will not result in any change to the controlling shareholder or actual controller of Debang Technology.
Source
证券之星-股市直击Regional