Jiangyin Hengrun Heavy Industries (603985.SH) announced that Mr. Zhou Hongliang plans to reduce his holdings of the company's stocks by no more than 7,708,000 shares, or 1.75% of the company's total share capital, through centralized bidding or bulk trading. The divestment period is 3 months after 15 trading days from the date of this announcement. If the centralized bidding method is used for divestment, the total number of shares to be divested in any consecutive 90-day period shall not exceed 4,408,000 shares, or 1.00% of the company's total share capital. If bulk trading is used for divestment, the total number of shares to be divested in any consecutive 90-day period shall not exceed 7,708,000 shares, or 1.75% of the company's total share capital.
Jiarun International intends to reduce its holdings of the company's stocks by no more than 2,215,493 shares, or 0.50% of the total share capital, through centralized bidding or bulk trading. The divestment period is 3 months after 15 trading days from the date of this announcement.
Zhituo Group intends to reduce its holdings of the company's stocks by no more than 1,981,824 shares, or 0.45% of the total share capital, through centralized bidding or bulk trading. The divestment period is 3 months after 15 trading days from the date of this announcement.
