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Xintong Electronics' major shareholder and employee plan to sell up to 4.25% of shares
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Xintong Electronics announced that major shareholder Wang Bingyou plans to reduce his holdings by 4.3 million shares, representing 1.84% of total share capital, between October 23, 2026 and January 22, 2027. Additionally, the Xintong Electronics employee strategic placement asset management plan intends to sell 5.6334 million shares, or 2.41% of total share capital. Combined, the two parties plan to sell up to 9.9334 million shares, totaling 4.25% of the company's total share capital. The sales will be conducted through centralized竞价 trading or block trading.
Source report
Xintong Electronics has announced that major shareholder Wang Bingyou plans to reduce his holdings by 4.3 million shares, representing 1.84% of the company's total share capital. The reduction is scheduled to take place from October 23, 2026, to January 22, 2027.
Additionally, the company's employee stock ownership plan (ESOP) intends to reduce its holdings by 5.6334 million shares, accounting for 2.41% of the total share capital.
In total, the proposed reductions amount to no more than 9.9334 million shares, or 4.25% of the total share capital. The reductions will be carried out through centralized竞价 trading or block trading.
Source
证券之星-股市直击Neutral / independent
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Xintong Electronics shareholders plan to reduce holdings by up to 4.25%