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Kangni Electromechanical: restricted shares to be released

February 15, 2025 at 06:29 PM UTCBy FilingReader AI

Nanjing Kangni Electromechanical (SSE: 603111) announced the upcoming release of 8,533,145 restricted shares for trading on February 18, 2025. These shares stem from a prior major asset restructuring completed in 2017. The release follows fulfillment of obligations by former shareholders of Longxin Technology, an acquired entity. The company's total share capital stands at 868,068,223. Guotai Junan Securities has reviewed this matter and has no objection.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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