FilingReader Intelligence

Eoptolink's controlling shareholder reduces stake by 1.15% in $3.7 bn transfer

October 21, 2025 at 11:00 AM UTCBy FilingReader AI

Gao Guangrong, the controlling shareholder and actual controller of Eoptolink Technology, has completed an inquiry transfer of 11,430,682 shares. This transaction, priced at 328.00 yuan per share, totals 3,749,263,696 yuan. The transfer reduces Gao's stake from 7.39% to 6.24%, a 1.15% decrease in his total shareholding. The company confirms this change will not affect the company's controlling shareholder or actual controller, nor will it impact corporate governance or operations.

The inquiry transfer process, organized by China International Capital Corporation Limited, adhered to regulatory requirements for pricing and transparency. The offer was extended to 253 institutional investors, with 16 investors successfully allocated shares. Recipients are subject to a six-month lock-up period, prohibiting further transfer of these shares.

Participating institutional investors included fund management companies, securities firms, and qualified foreign institutional investors such as UBS AG. The transfer price was set at the lower limit of the inquiry transfer price, based on the average trading price prior to the invitation letter date, in compliance with relevant guidelines.

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

SZSE:300502Shenzhen Stock Exchange

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