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Lihon Semiconductor: Three Concert Parties Reduce Holdings by 1 Percent, Stake Falls to 21.58%
36Kr learned that Lihon announced that the controlling shareholder's concert parties, Ningbo Hongxiang and Chuangye Investment Partnership (Limited Partnership), Ningbo Hongwan Enterprise Management Partnership (Limited Partnership), and Shanghai Jinruida Asset Management Co., Ltd., previously reduced their holdings by a total of 7.7 million shares through centralized bidding, accounting for 1% of the company's total share capital. The stake held by the information disclosure obligor and its concert parties decreased from 22.58% to 21.58%, and the equity change crossed the 1% threshold. As of the date of the announcement, the reduction plan disclosed by the information disclosure obligor has been completed. This equity change does not trigger a tender offer and will not result in a change of the company's controlling shareholder or actual controller.
Read the full article at 36KrRelated coverage

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