Jilin Forest Industry shares frozen amid director's holdings
Jilin Forest Industry Co., Ltd. (SSE:600189) announced that a portion of shares held by shareholder and director Zhao Zhihua, who holds over 5% of the company's shares, have been frozen. Specifically, 450,000 of Zhao Zhihua's shares, representing 1.065% of his holdings and 0.063% of the company's total share capital, have been frozen. As of the announcement, Zhao Zhihua holds 42,246,094 shares, accounting for 5.907% of Jilin Forest Industry's total equity. The freeze, effective from April 1, 2025, is set to last until March 26, 2028, due to legal reasons. The company clarified that Zhao Zhihua is not a controlling shareholder, and the freeze is not expected to impact the company's day-to-day operations or management.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Jilin Forest Industry publishes news
Free account required • Unsubscribe anytime