Shentianma A: The controlling shareholder promises not to reduce holdings within 12 months

GoldenOctober2024

On April 8, Jin10 reported that Shenzhen Tianma A announced that its controlling shareholder, AVIC International Holdings, voluntarily pledged not to reduce its holdings of the company’s shares through centralized bidding or Block Trading within 12 months starting from April 8, 2025 (i.e., from April 8, 2025, to April 7, 2026). As of the date of this announcement, AVIC International Holdings directly holds 292 million shares of the company, accounting for 11.86% of the company’s total share capital.

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