Litong Electronics: Controlling shareholder Shao Qiuping and executive Xu Liqun complete the reduction of holdings

K-LinePoet · 2026-03-08T03:30:18+00:00

Litong Electronics announced that the actual controllers Shao Qiuping and executive Xu Liqun have completed their share reduction plans. Shao Qiuping reduced 4.7283 million shares through block trades, lowering her holdings to 5.41%; Xu Liqun reduced 50,000 shares, lowering his holdings to 0.13%. The share reduction price ranges were 42.79 to 48.33 yuan per share and 35.5 to 35.51 yuan per share, respectively.

K-LinePoet

2026-03-08 03:30:18

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Litong Electronics Announcement: Actual controller and director Shao Qiuping and senior executive Xu Liqun have completed their share reduction plans. Before the reduction, they held 18.936 million shares and 400,000 shares, accounting for 7.2170% and 0.1526% respectively. From December 2, 2025, to March 1, 2026, Shao Qiuping reduced 4.7283 million shares through block trades at prices ranging from 42.79 to 48.33 yuan per share, lowering her holdings to 14.2077 million shares, accounting for 5.41%. Xu Liqun reduced 50,000 shares through centralized bidding at prices between 35.5 and 35.51 yuan per share, lowering his holdings to 350,000 shares, accounting for 0.13%. The current share reduction plan has been completed.

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