Xinjufeng: Three major shareholders plan to reduce their holdings by 1.5% within 3 months.
The announcement of XJF states that Black River Food 2 PTE. LTD., holding 12.19% of the shares, Beijing Health Investment Management Center - Suzhou Houqi Equity Investment Center, holding 7.86% of the shares, and Qingdao Sea Silk Innovation Equity Investment Fund, holding 10.50% of the shares, plan to reduce their holdings by no more than 1.5% of the total share capital of the company, which is not more than 6.2497 million shares, through centralized bidding and bulk trading within 3 months after the announcement, starting from the 15th trading day. And within any consecutive 90 calendar days, the total amount of reduction through centralized bidding trading shall not exceed 1% of the total share capital of the company, that is, not more than 4.1664 million shares.
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