Glonghui April 12 | Xinji Shaxi (3603.HK), which was suspended after a sharp drop of 75.69% on April 10 (from HK$0.218 to HK$0.053), resumed trading at 69.81% this morning to HK$0.09. The company announced last night that the company was informed by executive directors and controlling shareholders Mei Zuoting and Zhang Weixin that a total of 212 million shares of the company's common shares with a face value of HK$0.01 per share (accounting for about 14.16% of the company's total issued share capital at the date of the announcement) were forcibly sold by the securities company on April 10 through a margin securities account on the open market. Following the completion of the mandatory sale, as of the announcement date, the total shares of the company held by Mei Zuoting, Zhang Weixin and Zhang Hanquan (i.e. those acting in concert) had been reduced from about 52.19% to about 38.04% of the company's total issued share capital; Mei Zuoting, Zhang Weixin and Zhang Hanquan were still controlling shareholders of the company. Zhang Hanquan is the company's executive director and chairman.