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Hosa International (02200-HK) announced that President and Executive Director Shi Hongliu has allocated two badets to his family on June 29, respectively, to Shi Cuilian (one of his brothers) Wife) and Shi Hongyan (l & Other brother) transferred 14,000 shares and 9400 Haobang ordinary shares, representing respectively 14% and 9.4% of the shares. Haobang is a company owned by Shi Hongliu and Shi Hongyan.
The Company and the Company were able to enter into certain margin funding arrangements with certain securities companies and held a total of 589.7 million shares (recognizing them) under the arrangements described above. below. The equity of the company are approximately 35.37%) deposited in the securities company as collateral for the financing of the margin. Haobang known company, due to the decline in the company's course, filed in the company securities securities margin of 200,000 shares and 3,784 million shares (respectively about 0.01% and 0.23%) % of the shares of the company, respectively, June 28, 2018 and 2018 It was sold by a securities company on June 29. Weibang company known, due to the decline in the company's price, filed in the company securities as margin securities of 6.982 million shares (representing approximately 0.42% of the company's equity), was sold by the securities companies on June 29, 2018.
Haobang and Weibang are in a pbadive position and have no control over the above-mentioned divestments.With regard to the completion of these Divestments, the shares of Haobang and Weibang were reduced by approximately 42.59% and 7.19% respectively. at 42.35% and 6.77% respectively.
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