Beijing Oriental Jicheng shareholder halts planned stock sale
Beijing Oriental Jicheng Technology Co., Ltd. announced today that its major shareholder, Dalian Financial Industry Investment Group Co., Ltd. (Dalian Financial Holdings), did not implement its previously disclosed share reduction plan. The plan, which was set to expire on October 30, 2025, involved the potential sale of up to 8,890,800 shares, representing approximately 3.00% of the company's current total share capital.
The reduction plan, initially announced on July 9, 2025, permitted the sale of up to 5,927,200 shares via block trades between July 31 and October 30, 2025, and up to 2,963,600 shares via concentrated bidding between August 22 and October 30, 2025. However, Dalian Financial Holdings confirmed that no shares were sold during the specified period.
Consequently, Dalian Financial Holdings continues to hold 34,606,800 shares, all unrestricted, maintaining its 11.68% stake in Beijing Oriental Jicheng Technology. The company confirmed that the non-implementation of the plan complies with relevant regulations and will not impact the company's control structure or ongoing operations.
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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