FilingReader Intelligence

Kouzi Distillery faces major share sale and buyback

July 20, 2025 at 07:59 AM UTCBy FilingReader AI

Major shareholder Liu Ansheng plans to sell up to 10 million shares of Anhui Kouzi Distillery via block trading within three months for personal funding needs.

The company will also repurchase and cancel 1.88 million restricted shares after its 2023 incentive plan failed to meet performance targets. Both actions will reduce total share capital.

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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