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Keyuan Pharmaceuticals: Shareholder Jinan Dingyou Plans to Reduce Stake by No More Than 3%
Keyuan Pharmaceuticals announces that shareholder Jinan Dingyou Health Industry Investment Partnership (Limited Partnership) holds 4.2 million shares, accounting for 3.88% of the company’s total share capital. The company plans to reduce its holdings by no more than 3.2487 million shares (not exceeding 3.00% of the company’s total share capital) through centralized bidding and block trades. Among these, no more than 1.0829 million shares (1.00%) will be sold via centralized bidding within three months after fifteen trading days following the announcement; no more than 2.1658 million shares (2.00%) will be sold via block trades within three months after three trading days following the announcement. The minimum sale price will not be lower than the issuance price.