Junwei Electronics: Shareholders plan to reduce their holdings by no more than 3% of the company's shares.
Junwei Electronics announced that shareholder Shenglun Industrial Investment Partnership, owning more than 5% of the shares, plans to reduce its holding by no more than 8,000,001 shares within three months after the disclosure of this announcement, starting from 15 trading days later, by centralized bidding and block trading methods. This represents 3% of the company's total share capital. The reason for the reduction is self-funding needs, and the source of the shares is the holdings before the company's initial public offering.
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