FilingReader Intelligence
Red Star Macalline shareholders plan major stake reduction
July 25, 2025 at 05:11 PM UTC•By FilingReader AI
Hangzhou Haoyue and senior management plan to reduce their holdings in Red Star Macalline Group Corp. Hangzhou Haoyue intends to sell up to 130,641,979 shares (3% of total capital) through concentrated bidding and block trades.
The company will also eliminate its Supervisory Board, with the Board of Directors' Audit Committee assuming its responsibilities from September to November 2025.
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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SSE:601828•Shanghai Stock Exchange
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