The two companies have been very strong shareholders

Source: Internet
Author: User
Yantai Wanhua announced today, the company's controlling shareholder Wanhua Industrial wholly-owned subsidiary Xinyuan Investment on July 16, 2010 increased 5.83 million shares, accounting for 0.35% of total equity. After overweight, Wanhua industry and concerted action person Xinyuan investment total shareholding ratio of 50.85%.  At the same time, Wanhua industry and the concerted action will be in accordance with market conditions, the next 1 years to continue through the increase of not more than 2% of the total share capital. On the same day, the Nanjing Medical Bulletin disclosed that the company's controlling shareholder, Nanjing Pharmaceutical Group, had written a commitment to extend the restricted sales period of 63.2 million shares which expired on July 17, 2010, with an additional lock-up period of 24 months.

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