Dingxuan-KY Announces Plan to Reduce Stake in Lean Electronic (Kunshan)
Dingxuan-KY has announced a plan for its subsidiary, LY International Co., Limited, to sell up to 530,000 shares of Lean Electronic (Kunshan) Co., Ltd. The move is aimed at addressing capital needs, with the sale period set from June 10, 2025, to September 9, 2025.
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Date: May 19, 2025
Company Name: Dingxuan-KY
We hereby announce the stake reduction plan for Lean Electronic (Kunshan) Co., Ltd., held by our subsidiary, LY International Co., Limited.
1. Security Name: Lean Electronic (Kunshan) Co., Ltd. (Shenzhen A-shares code 301389)
2. Transaction Period: June 10, 2025, to September 9, 2025
3. Transaction Quantity: Up to 530,000 shares
4. Purpose: Capital needs
5. Transaction Relation: Parent-subsidiary transaction
The current accumulated holding is 195,722,953 shares, representing a 69.25% stake. The final proceeds will be based on the actual market transaction price.
Company Name: Dingxuan-KY
We hereby announce the stake reduction plan for Lean Electronic (Kunshan) Co., Ltd., held by our subsidiary, LY International Co., Limited.
1. Security Name: Lean Electronic (Kunshan) Co., Ltd. (Shenzhen A-shares code 301389)
2. Transaction Period: June 10, 2025, to September 9, 2025
3. Transaction Quantity: Up to 530,000 shares
4. Purpose: Capital needs
5. Transaction Relation: Parent-subsidiary transaction
The current accumulated holding is 195,722,953 shares, representing a 69.25% stake. The final proceeds will be based on the actual market transaction price.
FAQ
Why is Dingxuan-KY selling its stake in Lean Electronic?
To address capital needs.
When will the stock sale begin?
It is scheduled to begin on June 10, 2025.
How many shares are being sold?
A maximum of 530,000 shares are planned to be sold.