Xinho Optoelectronics: The major shareholder plans to sell 2.4696 million shares through judicial auction.
Xinho Optoelectronics announced that Liang Guohao, the major shareholder holding 5.65% of the company's shares, will have 2.4696 million shares of the company auctioned by the People's Court of Baoan District, Shenzhen, Guangdong Province on August 20-21. If successful, this will result in a passive reduction of his shares. As of the announcement date, Liang Guohao's cumulative holding of shares has been 15.6262 million shares auctioned, accounting for 97.36% of his shareholding and 5.50% of the company's total share capital. This auction will not change the company's largest shareholder, will not affect normal operations, but there is uncertainty in the matter, and the company will follow up with disclosure.
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