Summary by Moomoo AI
Zhejiang Shibao Holdings Co., Ltd. issued a notice on April 8, 2024, announcing that the holding ratio of its controlling shareholder Zhejiang Seibao Holdings Group Limited was passively diluted by more than 1% due to the company's issuance of A shares to specific audiences. The issuance will add 32,987,747 shares of A-share ordinary shares to be listed on April 10, 2024, increasing the total share capital of the company from 789,644,637 shares to 822,632,384 shares. Zhejiang Seibao Holding's shareholding decreased from 37.40% to 35.90%. The Company acknowledges that this change in equity does not involve an increase or decrease, does not result in a change of controlling shareholder, effective controller, and does not affect the governance structure and ongoing operations of the Company.