On February 10, China Fortune Land Development Co.Ltd(600340) (hereinafter referred to as ” China Fortune Land Development Co.Ltd(600340) “) announced that from November 30, 2021 to February 10, 2022, relevant financial institutions forcibly disposed of about 43.52 million shares of the company held by its controlling shareholder Huaxia holdings in the form of centralized bidding and block trading, accounting for 1.11% of the current total share capital of China Fortune Land Development Co.Ltd(600340) .
The announcement shows that after this equity change, the total China Fortune Land Development Co.Ltd(600340) shares held by Huaxia holdings and its persons acting in concert will be reduced from about 922 million shares to about 878 million shares, and the shareholding ratio will be reduced from 23.56% to 22.45%.
China Fortune Land Development Co.Ltd(600340) said that this equity change will not lead to changes in the controlling shareholders and actual controllers of the company.
