Jinshi data, March 13th news, Dingsheng New Materials announced that the company’s controlling shareholder, actual controller and their concerted action persons’ shareholding ratio has been passively diluted due to the conversion of convertible bonds and equity incentives, and the shareholding ratio has decreased from 40.18% to 38.8%. This equity change does not change the status of the company’s controlling shareholder and actual controller. From July 29, 2021 to March 12, 2025, the cumulative number of convertible bonds converted by Dingsheng is 25.3001 million shares. As of March 12, 2025, the controlling shareholder and their concerted action persons hold 350 million shares of the company, accounting for 38.8% of the total share capital. This change did not trigger an acquisition offer.
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Dingsheng New Materials: The shareholding ratio of the controlling shareholder has decreased to 38.8%
Jinshi data, March 13th news, Dingsheng New Materials announced that the company’s controlling shareholder, actual controller and their concerted action persons’ shareholding ratio has been passively diluted due to the conversion of convertible bonds and equity incentives, and the shareholding ratio has decreased from 40.18% to 38.8%. This equity change does not change the status of the company’s controlling shareholder and actual controller. From July 29, 2021 to March 12, 2025, the cumulative number of convertible bonds converted by Dingsheng is 25.3001 million shares. As of March 12, 2025, the controlling shareholder and their concerted action persons hold 350 million shares of the company, accounting for 38.8% of the total share capital. This change did not trigger an acquisition offer.