Yantai Tayho chief accountant will not reduce shareholding
Yantai Tayho Advanced Materials announced on September 6, 2025, that its chief accountant, Gu Yumei, did not reduce her shareholding during the pre-disclosed period, which commenced on May 14, 2025, and concluded by September 5, 2025. Gu had previously intended to sell up to 112,500 shares, representing 0.01% of the company's total shares after deducting shares in the repurchase-dedicated account.
As of the announcement date, Gu's total shareholding remains at 315,000 shares, comprising 112,500 unrestricted shares and 202,500 restricted shares. This represents 0.04% of the company's total share capital. The company's total share capital changed from 862,945,783 shares to 857,213,183 shares due to the repurchase and cancellation of 135,000 restricted shares held by Gu, as disclosed on July 25, 2025.
The company confirmed that the non-reduction of shares aligns with the pre-disclosure and complies with relevant laws and regulations, including the Securities Law. The company's control structure and operations remain unaffected.
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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