Galaxy Electronics: Controlling Shareholder Galaxy Electronics Group Plans to Reduce Holdings by No More Than 0.81%

2026-03-20 16:47:27

Galaxy Electronics Announcement: The controlling shareholder, Galaxy Electronics Group Investment Co., Ltd., holds 239 million shares, accounting for 21.25%. It plans to reduce its holdings by no more than 9.0996 million shares, or 0.81%, within three months after 15 trading days from the announcement through centralized bidding. The reasons for the reduction are to repay bank loans, reduce the share pledge ratio, and meet related funding needs.

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