FilingReader Intelligence

Dabeinong's controlling shareholder reduces stake by 1%

February 26, 2025 at 12:55 PM UTCBy FilingReader AI

Shao Genhuo, the controlling shareholder and actual controller of Beijing Dabeinong Technology Group (SZSE:002385), has decreased his shareholding by 1%, according to a recent announcement. This change is due to a combination of passive dilution from the company's stock repurchase and private placement between December 2022 and December 2024, along with active selling. Specifically, Shao Genhuo disposed of 30.9 million shares through centralized bidding on February 25, 2025, representing 0.72% of the company's total share capital. Consequently, his stake decreased from 23.59% to 22.87%. The announcement confirms that the share reduction aligns with a previously disclosed plan from December 17, 2024, and complies with relevant regulations. The current reduction plan remains ongoing.

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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