Summary by Moomoo AI
BYADY CO., LTD. ANNOUNCED ON JANUARY 5, 2024 THAT MR. LU XIANGYANG, A SHAREHOLDER HOLDING MORE THAN 5% OF THE COMPANY, CANCELED A PORTION OF HIS HOLDING. According to the announcement, Mr. Lu Xingyang terminated on January 4 and 5, 2024, a total of 1,475,000 shares, which were originally pledged to Haitong Securities Co., Ltd., at different times in 2023. After the delisting, the cumulative outstanding shares of Mr. Lu Xingyang and his consistent operator, Rongje Investment Holdings Group Limited, decreased to 66,837,000 shares, representing 2.30% of the total share capital of the company. The notice notes that the action of de-staking will not have a material impact on the company's production operations and corporate governance and there is no risk of forced closure.