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Universal Scientific Industrial (Shanghai) Co., Ltd.'s (SHSE:601231) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Universal Scientific Industrial(Shanghai)Co. (601231.SH): The controlling Shareholder collectively reduced their Shareholding in Universal Scientific Industrial's convertible bonds by 3.5889 million shares.
On December 27, Gelonghui reported that Universal Scientific Industrial(Shanghai)Co. (601231.SH) announced that on December 27, 2024, it received a notice from its controlling shareholder, Huancheng Technology Co., Ltd. (referred to as "Huancheng Technology"), informing that it reduced its holdings of the company's convertible bonds through centralized bidding from April 13, 2023, to December 27, 2024. The total reduction amounted to 3,588,900 Universal Scientific Industrial convertible bonds, accounting for 10.40% of the total issuance.
Universal Scientific Industrial(Shanghai)Co. (601231.SH): The second phase of the core employee stock ownership plan has been completed.
On December 13, Gelonghui reported that Universal Scientific Industrial(Shanghai)Co. (601231.SH) announced that, as of the date of this announcement, all 1,780,050 shares of the company's stocks held by the second phase of the core employee shareholding plan have been completely sold through centralized bidding in the secondary market. During the shareholding period, this employee shareholding plan strictly adhered to market trading rules and the regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange regarding the prohibition of stock trading during sensitive information periods, and there were no instances of trading based on insider information.
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Are Strong Financial Prospects The Force That Is Driving The Momentum In Universal Scientific Industrial (Shanghai) Co., Ltd.'s SHSE:601231) Stock?
