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Terry Machinery (603289.SH): Jutuo Investment intends to reduce its holdings by no more than 754,000 shares in a centralized bidding

author:Finance

On January 17, 2017, Terry Machine (603289.SH) announced that Jutuo Investment, the controlling shareholder of the Company, intends to reduce its holding of 754,000 shares of the Company, or 0.2550% of the total share capital of the Company, through a centralized auction transaction within 6 months after 15 trading days from the date of this announcement; within 6 months after 3 trading days from the date of this announcement, It is proposed to reduce its holdings of 546,000 shares of the company's shares, or 0.1846% of the total share capital of the company, through block transactions.

In order to more effectively fulfill the share lock-up commitment and comply with the relevant rules for the reduction of shares by the directors and supervisors, He Ying, one of the actual controllers, director and deputy general manager of the company, received the above 546,000 shares through a block transaction, and after the completion of the transfer, He Ying's indirect holding of the company's shares through Jutuo Investment will be changed to direct shareholding, and the total number of his actual shares will not change, and he undertakes not to reduce his shares transferred within 6 months from the date of transfer of shares.

This article originated from Grand Gateway

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