Summary by Moomoo AI
Holly Futures Corporation (Holly Futures) issued a notice on 18 April 2024, disclosing that its 5% or more shareholders, Jiangsu Hongsu Industrial Co., Ltd. passively reduced the company's shares by more than 1% through bulk transactions from 10 to 17 April 2024, reducing the holding amount to 13,440,000 shares. It accounts for 1.3336% of the total share capital of the company. After this share change, Jiangsu Hongsu Industrial's holding ratio decreased from 12.1090% to 10.7753%. The share change plan has been implemented in half and is in line with the Company's cautionary announcement that shares may be enforced by the court on March 16, 2024. The announcement notes that the current reduction plan has not been fully implemented and that this share change complies with relevant laws and regulations.