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Huadian Liaoning Energy: Controlling Shareholder Energy Investment Group Plans to Reduce Holdings of No More Than 1% of Company Shares
People’s Financial News, March 17 — Huadian Liaoning Energy (600396) announced on March 17 that the shareholder Liaoning Energy Investment (Group) Co., Ltd. (referred to as “Energy Investment Group”), which holds 16.6% of the shares, plans to reduce its holdings by no more than 14,727,100 shares (1% of the company’s total share capital) through centralized bidding. The reduction price will be based on the market price at the time of the reduction.