Lugang Culture (601599): Wu Yi'S Shareholding Dropped By 5% In The Period Of Reduction

Lukang culture (601599. SH) announced that before the disclosure of the passive reduction plan, Wu Yi held a total of 61649148 shares of the company's shares, accounting for 6.91% of the total shares of the company.

On December 28, 2020, the company disclosed the announcement on passive reduction of shareholders holding more than 5% shares. As Wu Yi's stock pledge financing business failed to be redeemed on schedule, Guosheng securities planned to dispose of 57.55 million shares of the company held by Wu Yi.

As of February 19, 2021, Wu Yi has passively reduced 31.7936 million shares, with more than half of the time and quantity of passive reduction. This reduction plan has not been completed, and the current shareholding ratio is 3.34%.