Shanghai Yaohua Pilkington Glass Group (600819.SH) plans to reduce its shareholding by no more than 3% in China Composite Materials.
Yaopi Glass (600819.SH) issued an announcement that based on its own strategic planning and business development needs, China Composite Materials plans to reduce its holdings by no more than 3% of the total share capital of the company, which is 29.3027 million shares, through centralized bidding and block trading within 3 months after the announcement is released, 15 trading days later.
Shanghai Yaohua Pilkington Glass Group (600819.SH) announced that China Composite Materials will focus on the needs of its core business of composite materials based on its own strategic planning and business development. It plans to reduce its holding by no more than 3% of the total share capital of the company, which is 29.3 million shares, through centralized bidding and block trading within 3 months after the announcement date plus 15 trading days.
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