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Reduction of 13.9 million shares by foreign shareholders

Source: Internet
Author: User
Keywords Reduction shareholder foreign capital
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ZTE Business (000715) announced that the company's second largest shareholder prosperity Shopwell Capital LIMITED11 month 17th through a large number of transactions to reduce the company 13.9 million shares, the proportion of total equity is 4.98%. After the reduction, the shareholder still holds 17.6771 million shares of the company, accounting for the total capital of the 6.34% of the general Prosperity Shopwell Limited before this had three times to reduce the company's shares, the cumulative reduction of 14.98% shares. The company said that the shareholder's reduction of ZTE's commercial shares is based on the realization of the financial investment return demand and business behavior.

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