FilingReader Intelligence

Desay SV major shareholder cuts stake to 21.68%

August 20, 2025 at 01:49 PM UTCBy FilingReader AI

Huizhou Innovest has completed its planned share reduction in Huizhou Desay SV Automotive, selling 16.4 million shares representing 2.97% of total share capital between July and August.

The shares were sold through centralized bidding at an average price of 109.26 yuan per share and block trades at 94.76 yuan per share.

Following the transaction, Huizhou Innovest's stake in Desay SV Automotive decreased from 24.63% to 21.68%.

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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