Home Weisi Medical (688580.SH): Shareholder Yanghe Investment and Its Concert Parties Plan to Reduce Holdings by Up to 3.65%

Weisi Medical (688580.SH): Shareholder Yanghe Investment and Its Concert Parties Plan to Reduce Holdings by Up to 3.65%

Jul 21, 2021 17:55 CST Updated 17:55
VISHEE

Developer, Manufacturer, and Distributor of Rehabilitation Medical Devices

Source: Gelonghui

Gelonghui, July 21 | VISHEE (688580.SH) announced that its shareholder Yanghe Investment and its persons acting in concert, Su Cailong, Li Xiaoming, Shi Zhuangping, Tan Fei, Yang Chongxiang, Zhou Dongyao, Zheng Guihua, and Lian Qingming, plan to reduce their holdings of the company's shares by no more than 2.4913 million shares through centralized bidding and block trading, accounting for no more than 3.65% of the company's total shares.

During this share reduction period, for share reductions conducted via centralized bidding, the transactions shall be carried out within six months commencing from the 15th trading day following the disclosure of this announcement, with the number of shares reduced not exceeding 1,366,900 shares (i.e., no more than 2% of the company's total shares), and the cumulative number of shares reduced within any consecutive 90-day period not exceeding 1% of the company's total shares; for share reductions conducted via block trading, the transactions shall be carried out within six months commencing from the 3rd trading day following the disclosure of this announcement, with the number of shares reduced not exceeding 2,491,316 shares (i.e., no more than 3.65% of the company's total shares), and the cumulative number of shares reduced within any consecutive 90-day period not exceeding 2% of the company's total shares.