ZTE major shareholder reduction set 1.255 billion

Kuanzhiyong ZTE (000063.SZ) major shareholder ZTE New Communications Equipment Co., Ltd. (hereinafter referred to as "ZTE New") yesterday through the bulk trading system to reduce the 48.495 million shares of ZTE shares, a set of 1.255 billion yuan. ZTE held a total of 930.3216 million shares of ZTE before its reduction, accounting for 32.45% of ZTE's total equity. Yesterday, ZTE sold 48.495 million shares in the new bulk trading platform, which accounts for 1.69% of ZTE's total equity. After the sale, ZTE still holds 30.76% of ZTE's shares. It is noteworthy that yesterday ZTE was the new sale of the shares through a single transaction, the buyer from the Wanguo Beijing Road Sales department. The transaction price of 25.88 yuan, compared to ZTE yesterday close to 25.7 yuan also a slight premium.　　According to ZTE's shareholder information released in the first quarter, the party can be among the third largest shareholder in ZTE. Public information shows that ZTE's first major shareholder ZTE's new round of reduction occurred in 2007 years. As of January 22, 2007 closed, ZTE's new cumulative listing 11.4891 million shares, accounting for ZTE's total share capital 1.2%. By October 2008, when the financial crisis is at its lowest point, ZTE has added 2.2729 million shares in the two-tier market, accounting for 0.17% of ZTE's total shares.　　It is noteworthy that ZTE's recent reduction in the basic occurrence of the stock price high, overweight is just at the bottom of the stock price.　　Now, as a controlling shareholder of ZTE's new big cut 48.495 million shares, whether it means that its share price has been high, the majority of shareholders on the subsequent development of confidence is insufficient? In the secondary market, ZTE appeared to have the opposite information with the large shareholder's reduction.　　June, the Agency continued to increase the number of ZTE, the data show that the first 7 trading days in June, the main agencies accumulated 203 million yuan to become the main agencies involved in the fastest fund heavy warehouse stocks. Last night, a Shenzhen private equity agency research director told the "First financial daily" reporter, from the K, ZTE's current share price is far from high, should be in the low level of the year. The large shareholder's generous set of 1.255 billion yuan may be related to the recent tightening of monetary policy and the tight bank credit. Big shareholders may need a lot of money to invest in new projects.