Shanghai Yunxin reduced its shareholding of 3 Shanghai Challenge Textile Co.Ltd(002486) 392600 shares to less than 5%

Today, Newcapec Electronics Co.Ltd(300248) announced that Shanghai Yunxin venture, a shareholder holding more than 5% of the company’s shares, reduced about 6.3926 million shares of the company through block trading on March 23, 2022, accounting for 1.34% of the total shares of the company, and the average trading price was 13.06 yuan / share.

According to the announcement, Shanghai Yunxin held 30.21 million shares of the company before the reduction, accounting for 6.34% of the total share capital. After the reduction, Shanghai Yunxin holds 23817400 shares of the company, accounting for about 4999996% of the total share capital, and is no longer a shareholder of Newcapec Electronics Co.Ltd(300248) holding more than 5%.

The announcement pointed out that in the next 12 months, Shanghai Yunxin has no plan to increase its holdings of Newcapec Electronics Co.Ltd(300248) shares, and does not rule out the possibility of continuing to reduce Newcapec Electronics Co.Ltd(300248) shares.

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