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Feitian Technologies shareholder completes reduction plan

February 17, 2025 at 05:50 PM UTCBy FilingReader AI

Feitian Technologies (SZSE:300386) announced that shareholder Lu Zhou, holding over 5% of the company's shares, has completed his planned reduction of holdings. Between December 10, 2024 and February 14, 2025, Lu Zhou sold 4 million shares through centralized bidding at an average price of CNY 19.37 per share and 4 million shares through block trade at CNY 13.08 per share. This resulted in an overall decrease of 1.92% (8,000,000 shares) in Lu Zhou’s holdings. Following the sale, Lu Zhou's stake decreased from 12.59% to 10.68%. The company confirmed the reduction complied with relevant regulations and previous commitments and will not impact Feitian Technologies' control structure or operations.

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

SZSE:300386Shenzhen Stock Exchange

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