FilingReader Intelligence
Sifang Automation controlling shareholder cuts 3% stake
August 13, 2025 at 05:10 PM UTC•By FilingReader AI
Beijing Sifang Automation announced its controlling shareholder, Sifang Electric (Group), completed a share reduction plan on August 13, selling 25 million shares for RMB 407.4 million.
The shares were sold at prices between RMB 15.66 and RMB 17.46 per share. Sifang Electric (Group) now holds 39.06% of the company.
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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