One Of Semir Costume Controls Is To Reduce Its 5% Stake.
On the evening of May 20th, Semir clothing (002563) announced that Qiu Yanfang, one of the company's real controllers, plans to reduce its holdings of 135 million shares in 6 months in the form of agreement pfer or bulk trading, accounting for 5% of the total share capital of the company.
According to the announcement revealed by Semir costumes, the company recently received a letter from shareholders Zhou Pingfan and Qiu Yanfang. As of May 20th, the deadline for the reduction has expired. Zhou Pingfan has reduced its holdings of 53 million 989 thousand and 800 shares of the company through centralized bidding and block trading, accounting for 1.9997% of the total share capital of the company. The reduction has been completed.
As of May 1st, Qiu Yanfang did not reduce shares of the company.
At the same time, the company received Qiu Yanfang's letter that it planned to reduce its holdings by 135 million shares (5% of the total share capital of the company) in the form of block trading or agreement pfer.
The reduction period is within 6 months (180 natural days) after the 3 trading day after the announcement of the autocorrelation reduction plan.
For the reasons for the proposed reduction, Semir apparel said that in view of Qiu Yanfang's personal capital needs and taking into account the higher share holding ratio of the company's actual controllers and related parties, the liquidity of the company's stock market is poor, so as to enhance the market liquidity of the company's stock and improve the shareholder structure of the company.
Source: Beijing Business Daily: Meng Fanxia horse exchange
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