Kennede Electronics Mfg. announcement, the company's controlling shareholder Hua Xin Lantronix, due to default on debt with Xiamen Reits, has been forcibly executed by Shenzhen Intermediate People's Court, which may result in its holding of 3.18 million shares being passively reduced through centralized auction trading from October 22, 2024, to November 11.
小崧股份：控股股东因债务违约可能被动减持1%股份
Kennede Electronics MFG.: The controlling shareholder may passively reduce their shareholding by 1% due to debt default.
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