Bestore Co., Ltd. (603719.SH) issued an announcement that the company recently received a notice of early termination of shareholding plan and disclosure of shareholding reduction results from shareholder Ningbo Hanyi. As of July 9, 2024, Ningbo Hanyi had cumulatively reduced the company's shares by 0.5843 million shares, accounting for 0.15% of the total share capital of the company, through centralized bidding. Based on confidence in the company's sustained development and recognition of the value of the company's stocks, Ningbo Hanyi, after careful consideration, decided to terminate the shareholding reduction plan ahead of schedule.
Stocks of Bestore Co., Ltd. (603719.SH) were sold by shareholder Ningbo Hanyi via centralized bidding, reducing 0.5843 million shares, which accounted for 0.15% of the company's total share capital. The announcement for early termination of the shareholding plan was also issued, showing Ningbo Hanyi's confidence in the company's sustained development and recognition of the value of the company's stocks.