Hollysys CEO Changli Wang Says Recent Sale Of Shares Was Made Solely For His Own Personal Financial Planning Needs, Following The Sale, He Holds ~80% Of His Pre-Sale Holdings
Hollysys CEO Changli Wang Says Recent Sale Of Shares Was Made Solely For His Own Personal Financial Planning Needs, Following The Sale, He Holds ~80% Of His Pre-Sale Holdings
Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) ("Hollysys" or the "Company") has been informed by its Chief Executive Officer, Dr. Changli Wang, that his recent sale of Company shares was made solely for his own personal financial planning needs.
Hollysys Automation Technologies Ltd.（纳斯达克股票代码：HOLI）（“Hollysys” 或 “公司”）首席执行官王长利博士告知，他最近出售公司股票完全是出于自己的个人财务规划需求。
Dr. Wang has informed the Company that following the sale, he holds approximately 80% of his pre-sale holdings in the Company. As the share sale was a personal decision, it does not affect the Company's going private transaction or operational plans. Dr. Wang has informed the Company that he does not intend to sell any further shares in the Company before the closing of the going private transaction with Ascendent Capital Partners ("ACP").
王博士告知公司，出售后，他持有公司约80％的预售股份。由于股票出售是个人决定，因此不影响公司的私有化交易或运营计划。王博士已告知公司，在与Ascendent Capital Partners（“ACP”）的私有化交易完成之前，他不打算再出售该公司的任何股份。
The Company's management, including Dr. Wang, is committed to work towards the satisfaction of the closing conditions of the going private transaction by the parties in accordance with the merger agreement.
公司管理层，包括王博士，致力于根据合并协议，努力使双方满足私有化交易的完成条件。