China Fortune Land Development Co.Ltd(600340) on February 18, it was announced that Huaxia holdings, the controlling shareholder of the company, because its financial institutions in the margin trading business carried out compulsory disposal procedures for the company’s shares held by Huaxia holdings according to relevant agreements, resulting in the cumulative passive decline of the shareholding ratio of Huaxia holdings from February 11, 2022 to February 18, 2022, reaching 1.16% of the current total share capital of the company, and the change does not touch the tender offer. After this equity change, the total proportion of shares held by Huaxia holdings and its persons acting in concert will be reduced from 22.45% to 21.29%; This equity change will not lead to changes in the controlling shareholders and actual controllers of the company.
© China Stock Market News