FilingReader Intelligence
Sifang Automation controlling shareholder cuts stake below 43%
July 21, 2025 at 09:30 AM UTC•By FilingReader AI
Beijing Sifang Automation's controlling shareholder Sifang Electric reduced its stake by 7.3 million shares between May 30-June 3, representing 0.88% of total share capital.
The reduction dropped Sifang Electric and its concerted parties' combined ownership from 43.36% to 42.48%, triggering mandatory disclosure requirements for the 1% threshold change.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:601126•Shanghai Stock Exchange
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