On October 11th, Gaulon reported that Hongxiang Shares (300427.SZ) announced that the company received a notice of passive dilution of shareholder holdings exceeding 1% from its controlling shareholder, the actual controller Mr. Yang Baotian, Mr. Yang Cheng, and their concerted action person Mr. Yang Li. From June 14, 2024 to October 10, 2024, due to the conversion of convertible bonds into shares, the total share capital of the company increased to 424,525,211 shares, resulting in a passive dilution of 1.1459% in the total shareholding percentage of the controlling shareholder, the actual controller, and their concerted action person.
红相股份(300427.SZ)：控股股东、实控人及其一致行动人持股比例合计被动稀释1.1459%
Hongxiang Corporation (300427.SZ): The combined shareholding ratio of the controlling shareholder, actual controller, and their concerted actors has been passively diluted by 1.1459%.
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