FilingReader Intelligence
Focused Photonics controlling shareholder faces forced share sale
July 17, 2025 at 05:17 PM UTC•By FilingReader AI
Zhejiang Ruiyang Technology, controlling shareholder of Focused Photonics Hangzhou, will have 4.49 million shares (1% of total capital) forcibly liquidated by CITIC Securities after defaulting on a financing and securities lending contract.
The shares represent a principal and fee amount of 22.53 million yuan. The forced sale is expected within three months.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:300203•Shenzhen Stock Exchange
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