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Letong Co., Ltd. announced that the controlling shareholder, Youyue Meisheng, previously planned to pay off the debt with shares and transfer 9.47 million shares to Cui Jia and Xiao Shiqiang, accounting for 4.52% of the company's total share capital. As of the disclosure date of the announcement, the relevant shares have not been registered, and there is still uncertainty about the transaction; after completion, the total shareholding ratio of Dasheng Asset and Youyue Meisheng will drop from 29.35% to 24.83%, and this change in equity may touch an integer multiple of 5%.
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Letong Co., Ltd. announced that the controlling shareholder, Youyue Meisheng, previously planned to pay off the debt with shares and transfer 9.47 million shares to Cui Jia and Xiao Shiqiang, accounting for 4.52% of the company's total share capital. As of the disclosure date of the announcement, the relevant shares have not been registered, and there is still uncertainty about the transaction; after completion, the total shareholding ratio of Dasheng Asset and Youyue Meisheng will drop from 29.35% to 24.83%, and this change in equity may touch an integer multiple of 5%.
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