San'an Optoelectronics: Controlling Shareholder Passively Reduces Holdings by 1%
Two Chinese optoelectronics companies, Liding Optoelectronics and Sanan Optoelectronics, have announced share reductions by their management and controlling shareholders, respectively. Liding Optoelectronics' directors and senior management plan to collectively reduce their holdings by no more than 0.006% due to personal financial needs. Meanwhile, Sanan Optoelectronics' controlling shareholder, Sanan Electronics, has passively reduced its stake by 1.2% through various trading methods, bringing its total holdings with related parties down to 28.28%. These reductions are not expected to alter the control of either company. AI