300372SZSE

Announcement on Share Reduction by Shareholders Holding More Than 5% of Shares

Xintai Retreat Co., Ltd.·July 25, 2017·2 pages

✨ AI Summary

This announcement informs that Guangdong Yuecai Trust Co., Ltd. reduced its shareholding in Dandong Xintai Electric Co., Ltd. by 2,458,000 shares, from 11,035,768 shares (6.43%) to 8,577,768 shares (4.999%). The reduction occurred between July 18 and July 25, 2017, and complies with relevant regulations. The company's fundamentals remain unchanged.

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Full Translation

AI Translation· azure_openai

Dandong Xintai Electric Co., Ltd. (hereinafter referred to as "the Company" or "Xintai Electric") received a "Share Reduction Notification Letter" from its shareholder Guangdong Yuecai Trust Co., Ltd. (hereinafter referred to as "Yuecai Trust") on July 25, 2017. Yuecai Trust reduced its holdings by a total of 2,458,000 shares through secondary market bidding transactions from July 18, 2017, to July 25, 2017. The relevant details are as follows:

1. Share Reduction Situation

Guangdong Yuecai Trust Co., Ltd. holds a total of 6.43% of Xintai Electric's shares through 16 trust products.

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