Beijing Chengyitong Control Technology Group Co., Ltd. announces that its controlling shareholder, Beijing Liweit Investment Co., Ltd., will have 18 million shares judicially auctioned. This auction, if successful, will reduce Liweit's stake to 12.16% but will not change the controlling shareholder or the largest shareholder status. The process is ongoing and subject to uncertainties like potential withdrawal or failure to sell.
Summary generated by AI · Always verify with source document
Beijing Chengyitong Control Technology Group Co., Ltd. Announcement on the Judicial Auction of Part of the Company's Shares Held by the Controlling Shareholder
The Company and all members of its Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
Sign in to read the full translation
Free accounts get 10 full releases per month. Pro subscribers get unlimited access.