Home » 21 related parties of actual controllers are expected to reduce their holdings by no more than 3%. WuXi AppTec: The reduction will occur after the semi-annual report.

21 related parties of actual controllers are expected to reduce their holdings by no more than 3%. WuXi AppTec: The reduction will occur after the semi-annual report.

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21 related parties of actual controllers are expected to reduce their holdings by no more than 3%. WuXi AppTec: The reduction will occur after the semi-annual report.

© Reuters. 21 related parties of actual controllers are expected to reduce their holdings by no more than 3% WuXi AppTec: The reduction will occur after the semi-annual report

Financial Associated Press June 11 (Reporter Wang Junxian) Yesterday evening, WuXi PharmaTech (603259.SH/ 2359.HK) announced that the company’s actual controller related parties will reduce their total equity by no more than 3%. It was learned from WuXi AppTec that the actual reduction of these shareholders’ holdings will not happen earlier than the date of the company’s semi-annual report. The company has solid fundamentals and will continue to grow rapidly in the future.

According to the announcement, WuXi AppTec received the shareholding reduction plan issued by the relevant shareholders. Due to its own capital needs, the shareholders controlled by the actual controller of the company and the shareholders who signed a concerted action agreement with the actual controller plan to 15 from the date of the announcement. During the period of not more than 90 days after the trading day, the total reduction of A shares that do not exceed 3% of the company’s total share capital.

In this regard, WuXi PharmaTech responded to a reporter from the Financial Associated Press that shareholders chose a small proportion of the company’s stock to dispose of the company’s stock based on their own capital needs, and made a full announcement. In fact, the reduction will not happen earlier than the company’s semi-annual report. During the entire 90-day holding reduction period, the part of the centralized bidding only accounted for 1% of the company’s total share capital, and the part of the block trade was only 2%, and the shareholders who received the company’s equity through the block trade must continue to lock for 6 months. .

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According to WuXi AppTec’s previous announcement, the company’s production and operation activities in Shanghai have basically returned to normal. The company expects that the revenue in the second quarter of 2022 will still achieve the previously announced 63-65% growth. Confidence in the 65-70% growth target.

From the perspective of the reducing parties, there are a total of 21 related parties of the actual controllers to be reduced, of which 18 are shareholders controlled by the actual controllers of WuXi AppTec, and 3 are signed in concert with the actual controllers of the company. shareholders.

A reporter from Cailian Press noticed that the shareholders who announced the reduction in their holdings had previously made a commitment to reduce their shareholdings with Shanghai Yingyi Investment Center (Limited Partnership) during the IPO of WuXi PharmaTech: “Reduce their holdings through centralized bidding transactions. If the company sells shares for the first time, it shall perform relevant procedures such as reporting to the exchange on the record-keeping reduction plan, announcement, etc. 15 trading days before the first sale of shares, and ensure that the total number of shares to be reduced within any consecutive 90-day period does not exceed 1% of the company’s total shares at that time. %.”

However, Shanghai Yingyi first reduced its holdings. During the period from May 14 to June 8, 2021, it reduced its holdings of WuXi AppTec shares to cash out 2.894 billion yuan through centralized bidding transactions. After the reduction, the shareholding ratio dropped to 0.1419%. However, due to its failure to perform its information disclosure obligations in a timely manner in accordance with the law, the CSRC recently gave Shanghai Yingyi a correction, a warning, and an administrative penalty of a fine of 200 million yuan.

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Editor: Cao Jingchen

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