Aug 17, 2021 06:10 PM (GMT+8) · EqualOcean
St Huayu announced that the Shanghai Stock Exchange decided to circulate a notice of criticism to Daoheng investment, the controlling shareholder of the company. Dao Heng Investment, the controlling shareholder of the company, reduced its holdings of specific shares by means of centralized bidding transaction, failed to fulfill the obligation of pre disclosure, the number and proportion of reduction were large, and did not disclose in time the important information that the equity auction may have a great impact on the stability of its control, and the relevant information was not disclosed in time.