FilingReader Intelligence

Hoshine Silicon controlling shareholder sells 5% stake for 2.6bn yuan

July 16, 2025 at 05:07 PM UTCBy FilingReader AI

Hoshine Group will sell 60 million shares in Hoshine Silicon Industry, representing 5.08% of total share capital, to individual investor Xiao Xiubai for 43.90 yuan per share.

The 2.63 billion yuan transaction will not change company control and includes a 12-month lock-up period for the buyer.

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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