Kingsoft Office shareholder transfer reduces stake to 5.89%

Beijing Kingsoft Office Software (SSE:688111) announced the results of a shareholder inquiry transfer involving "Qiwen N-dimension" entities, who are considered to be acting in concert, with its main shareholder GoldSoft. The transfer, priced at CNY267.50 per share, involved 7,761,767 shares. Consequently, the aggregate shareholding of "Qiwen N-dimension" has decreased from 7.57% to 5.89% of the company's total share capital. After the transfer, "Qiwen N-dimension" holds 27,269,747 shares. The announcement also detailed the individual share transfers for each of the "Qiwen" entities, including Qiwen Yiwai, Qiwen Erwei, and Qiwen Sanwei. Key recipients of the transferred shares include J.P. Morgan Securities plc (1,970,000 shares) and UBS AG (1,800,000 shares). China International Capital Corporation, the intermediary, confirmed compliance with regulations and fairness in the process.