FilingReader Intelligence
China Satcom controlling shareholder cuts stake to 73%
July 24, 2025 at 05:14 PM UTC•By FilingReader AI
China Satellite Communications announced that its controlling shareholder China Aerospace Science and Technology Corporation saw its direct shareholding decrease from 74.45% to 73.33% between June 24 and July 23.
The reduction was caused by share conversions from exchangeable corporate bonds issued in August 2024, moving the group's combined stake from 83.99% to 82.88%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Announcement of resolutions from China Satcom's second extraordinary general meeting of shareholders in 2025July 24, 2025 at 08:00 AM UTC
China Satcom: Indicative announcement regarding changes in the equity interest of shareholders holding 5% or more, reaching the 1% thresholdJuly 24, 2025 at 08:00 AM UTC
Legal opinion on China Satcom's second extraordinary general meeting of shareholders in 2025July 24, 2025 at 08:00 AM UTC
SSE:601698•Shanghai Stock Exchange
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