-+ 0.00%
-+ 0.00%
-+ 0.00%
Tianhe Magnetic Materials announced that Dongnan Tong Yuanlong Venture Capital Partnership, which holds 3.43% of the shares, plans to reduce the company's shares by no more than 7.9284 million shares through centralized bidding and bulk transactions from October 16, 2026 to January 13, 2027, accounting for no more than 3% of the company's total share capital. Among them, centralized bidding reduced holdings by no more than 2.642,800 shares, and bulk transactions reduced holdings by no more than 5.285,600 shares. The source of the proposed reduction in holdings was obtained before the IPO, and the reason for the reduction in holdings was due to the needs of the company's own business development. There is uncertainty about the implementation of this holdings reduction plan and will not lead to a change in the company's control.
Share
Listen to the news
Tianhe Magnetic Materials announced that Dongnan Tong Yuanlong Venture Capital Partnership, which holds 3.43% of the shares, plans to reduce the company's shares by no more than 7.9284 million shares through centralized bidding and bulk transactions from October 16, 2026 to January 13, 2027, accounting for no more than 3% of the company's total share capital. Among them, centralized bidding reduced holdings by no more than 2.642,800 shares, and bulk transactions reduced holdings by no more than 5.285,600 shares. The source of the proposed reduction in holdings was obtained before the IPO, and the reason for the reduction in holdings was due to the needs of the company's own business development. There is uncertainty about the implementation of this holdings reduction plan and will not lead to a change in the company's control.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending