Summary by Moomoo AI
Holly Futures Co., Ltd. issued a notice on April 10, 2024 informing that its shareholders, Jiangsu Hongsu Industrial Co., Ltd., passively reduced the company's shares by more than 1% from January 12 to April 9, 2024 due to judicial enforcement. The reduction was carried out through centralized competitive and bulk trading, reducing the total holding of 11,339,877 shares, representing 1.1252% of the company's total share capital. Prior to this share change, Jiangsu Hongsu Industrial's shareholding ratio decreased from 13.2342% to 12.1090%. The share reduction actions are consistent with the Company's shares issued on November 25, 2023 and March 16, 2024, which may be enforced by a judicially enforced cautionary notice, and reduces the amount within the scope of the previously disclosed reduction plan. Currently, the reduction plan has not been fully implemented.