FilingReader Intelligence

Dongyun Venture Capital plans to cut stake in Cybrid Technologies

November 1, 2025 at 05:22 AM UTCBy FilingReader AI

Dongyun Venture Capital, a major shareholder in Suzhou Cybrid Technologies Co., Ltd., has revealed a plan to reduce its stake in the company. Dongyun Venture Capital currently holds 31,615,682 shares, representing 7.23% of Cybrid Technologies' total share capital, which were acquired prior to the company's IPO and became eligible for circulation on May 11, 2021.

The planned reduction involves Dongyun Venture Capital selling up to 4,374,900 shares, a maximum of 1% of Cybrid Technologies' total share capital, through centralized bidding within three months. The sales are scheduled to occur between November 24, 2025, and February 21, 2026, and are motivated by the shareholder's business needs.

Dongyun Venture Capital committed to adhering to all relevant laws and regulations during the share reduction. The company will continue to monitor the progress of this plan. This reduction is not expected to alter the company's governance structure or ongoing operations, but the actual implementation is subject to market conditions and stock prices.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:603212Shanghai Stock Exchange
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