Beijing Oriental Jicheng shareholder plans to cut stake
Beijing Oriental Jicheng Integrated Technology Co., Ltd. announced that its shareholder, Mr. Wang Ge, who currently holds 6,078,743 shares (2.05% of the total share capital), plans to reduce his holdings by up to 1,519,686 shares (0.51% of the total share capital). The reduction will occur between November 18, 2025, and February 17, 2026, through centralized bidding or block trading. The primary reason cited for the share reduction is personal capital requirements.
The planned reduction adheres to the regulations set by the Shenzhen Stock Exchange and Mr. Wang Ge's previous commitments. As a former director whose term extends until July 12, 2027, Mr. Wang Ge's annual share reduction is capped at 25% of his total holdings. The company assures that this share reduction will not alter its control or negatively affect its ongoing operations.
The company will ensure strict compliance with relevant laws and regulations and timely disclosure of information throughout the reduction period, while investors are advised to exercise caution due to market uncertainties regarding the timing and pricing of the transaction.
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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