FilingReader Intelligence

Kinwong Electronic terminates share reduction plan, restructures board

July 28, 2025 at 11:51 AM UTC•By FilingReader AI

Kinwong Electronic's major shareholders terminated their share reduction plan early, selling 9.3 million shares via centralized bidding and 18.5 million shares via block trades.

The company is restructuring its board, eliminating the supervisory board entirely, with new directors nominated pending shareholder approval.

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

Jingwang Electronics: announcement on the early termination of the share reduction plan by a shareholder holding over 5% of shares and the results of the share reductionJuly 28, 2025 at 08:00 AM UTC

Supplementary Source Documents

Announcement by Jingwang Electronic regarding changes to registered capital, the abolishment of the board of supervisors, and the revision of the articles of association, as well as the revision and formulation of certain policies and proceduresJuly 28, 2025 at 08:00 AM UTC

Kingboard Electronics’ announcement regarding the election for a new term of the board of directorsJuly 28, 2025 at 08:00 AM UTC

Shenzhen Kinwong Electronic

SSE:603228•Shanghai Stock Exchange

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