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As of press time, Wanli Printing had risen 163.33%. According to the announcement, due to the failure of Chairman of the Board of Directors Lin Sanming's wholly-owned company to repay the loan, the 31.212 million shares of the company pledged by it were forcibly transferred by the lender Yili Credit on September 18. As a result, Yili Credit became the company's main shareholder. It has been transferred to the lender pursuant to the exercise of a security right. The company resumed trading at 9:00 a.m. this morning.
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As of press time, Wanli Printing had risen 163.33%. According to the announcement, due to the failure of Chairman of the Board of Directors Lin Sanming's wholly-owned company to repay the loan, the 31.212 million shares of the company pledged by it were forcibly transferred by the lender Yili Credit on September 18. As a result, Yili Credit became the company's main shareholder. It has been transferred to the lender pursuant to the exercise of a security right. The company resumed trading at 9:00 a.m. this morning.
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