Foster shareholder Lin Jianhua intends to reduce his holding of no more than 28.5331 million shares of the company's shares In the first half of the year, the company's net profit was 904 million

On August 30, Foster (603806) recently announced that lin jianhua, a shareholder of the company, plans to reduce his holding of no more than 28,533,112 shares of the company through centralized bidding and block trading, accounting for about 3.00% of the company's total share capital: of which the centralized auction transaction method is within 6 months after the fifteen trading days from the date of the announcement disclosure; the bulk transaction method reduction time is within 6 months after three trading days from the date of the announcement disclosure. The reduction price is based on the market price, if the company has capital reserves to increase the share capital, additional issuance, allotment of shares and other ex-rights matters during the reduction period, the number of shares to be reduced will be adjusted accordingly.

According to the announcement, Lin Jianhua holds 133,625,478 shares in the company, accounting for about 14.05% of the company's total share capital. The reason for the proposed reduction is its own capital needs, and the source of shares is obtained before the IPO.

According to the company's 2021 semi-annual report, the company's net profit attributable to shareholders of listed companies in the first half of 2021 was 903,623,386.30 yuan, an increase of 98.08% over the same period last year.

According to the data of the mining network, Foster is committed to the research and development and production of single/multilayer polymer functional film material product system, covering photovoltaic materials, electronic materials and functional film materials.

This article originated from the digging shell network