Gate.io October 8 news, Wentai Technology announced that its shareholder, Zhuhai Ronglin, disclosed a reduction plan, and the new reduction implementation entity is Zhuhai Gree Electric Appliances Co., Ltd. Gree Electric Appliances plans to reduce its holdings by no more than 12.4281 million shares, accounting for 1% of the total shares of the company, through a centralized bidding transaction. The reduction will be conducted within 3 months after 15 trading days from the date of the announcement, and the reduction price will be determined based on market conditions. Gree Electric Appliances and its concerted action, Zhuhai Ronglin, will jointly comply with relevant laws and regulations, and the total number of shares reduced within any consecutive 90 days shall not exceed 1% of the total shares of the company.
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Wentai Technology: Shareholder Gree Electric plans to reduce its stake by no more than 1%.
Gate.io October 8 news, Wentai Technology announced that its shareholder, Zhuhai Ronglin, disclosed a reduction plan, and the new reduction implementation entity is Zhuhai Gree Electric Appliances Co., Ltd. Gree Electric Appliances plans to reduce its holdings by no more than 12.4281 million shares, accounting for 1% of the total shares of the company, through a centralized bidding transaction. The reduction will be conducted within 3 months after 15 trading days from the date of the announcement, and the reduction price will be determined based on market conditions. Gree Electric Appliances and its concerted action, Zhuhai Ronglin, will jointly comply with relevant laws and regulations, and the total number of shares reduced within any consecutive 90 days shall not exceed 1% of the total shares of the company.