Jun 14, 2021 03:45 PM (GMT+8) · EqualOcean
AKD announced that Xudong International Limited, a 9.63% shareholder, intends to reduce the company's shares by means of centralized bidding and block trading to no more than 17.2 million shares, that is, no more than 2% of the company's current total share capital. The share reduction is due to its investment in pension industry and other public welfare funds.