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Jinming Precision: Shareholder Proposes to Reduce Holdings of No More Than 3% of Company Shares
People’s Financial News, March 22 — Jinming Precision Machinery (300281) announced on March 22 that shareholder Ma Zhenxin, who holds 16.85%, along with his concerted action partners Ma Jiazhen (a director and general manager of the company, holding 4.4%) and Yu Suqin (holding 2.43%), plan to reduce their holdings by no more than 12,567,600 shares, representing no more than 3% of the company’s total share capital.