Jufei Optoelectronics announced on June 6 that the company's largest tradable shareholder, Shenzhen Changfei Investment Co., Ltd. once again reduced its shareholding.
According to the announcement, Changfei Investment reduced its holdings of 1 million shares and 6 million shares through the block trading platform on June 3 and 5, respectively. The price of the shares was reduced to 15.71 and 15.12 yuan, totaling 7 million shares, and the reduction ratio was 3.22%. After this reduction, the shares held by Changfei Investment decreased from 11.1% to 7.88%.
For the purpose of this equity change, Changfei Investment expressed "the need for its own funds." For further reduction plans, Changfei Investment stated that “in the next 12 months, it will be possible to continue to reduce the company shares of its interests according to market conditionsâ€.
The reporter noted that this is also the second reduction of Changfei Investment in the short term. Just before May 24, Changfei Investment reduced its 10.85 million shares of Jufei Radio and Television at a price of 16.86, accounting for 4.99%. The shareholding ratio decreased from 16.09% to 11.1%.
It is worth mentioning that Jufei Optoelectronics is the LED leader in the early stage of the market and is highly sought after by the market. The stock price has nearly doubled in just one month from April to May.
According to the announcement, Changfei Investment reduced its holdings of 1 million shares and 6 million shares through the block trading platform on June 3 and 5, respectively. The price of the shares was reduced to 15.71 and 15.12 yuan, totaling 7 million shares, and the reduction ratio was 3.22%. After this reduction, the shares held by Changfei Investment decreased from 11.1% to 7.88%.
For the purpose of this equity change, Changfei Investment expressed "the need for its own funds." For further reduction plans, Changfei Investment stated that “in the next 12 months, it will be possible to continue to reduce the company shares of its interests according to market conditionsâ€.
The reporter noted that this is also the second reduction of Changfei Investment in the short term. Just before May 24, Changfei Investment reduced its 10.85 million shares of Jufei Radio and Television at a price of 16.86, accounting for 4.99%. The shareholding ratio decreased from 16.09% to 11.1%.
It is worth mentioning that Jufei Optoelectronics is the LED leader in the early stage of the market and is highly sought after by the market. The stock price has nearly doubled in just one month from April to May.
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