Jul 05, 2021 06:37 PM (GMT+8) · EqualOcean
Xinmeixing announced that the company received the supervision letter on he Yuntao, the shareholder of Jiangsu xinmeixing Packaging Machinery Co., Ltd., issued by the management department of gem. During the period from November 4, 2019 to May 31, 2021, the shareholding ratio of he Yuntao, the shareholder holding more than 5%, he Deping and Jianshui County Deyun Enterprise Management Co., Ltd. decreased from 66% to 60.89%, among which he Yuntao reduced 5.92 million shares of new star through block trading on May 31, 2021, accounting for 2% of the total share capital of new star. He Yuntao failed to stop buying and selling xinmeixing shares in accordance with the regulations when the total proportion of xinmeixing shares held by the above shareholders changed by 5%.