Nov 29, 2020 04:31 PM (GMT+8) · EqualOcean
Huayu mining announced that the stock pledge financing business of Daoheng investment and Haitong Securities, which held 34.3981% of the shares, failed to be redeemed on schedule. It plans to reduce its holding of no more than 5551300 shares (1% of the total share capital) by means of competitive trading. The reduction period is from December 21, 2020 to March 21, 2021. The proposed reduction of shares is from the non tradable shares pledged to Haitong Securities.