361 Degrees International Announces Shareholding Restructuring for Family Trusts

361 Degrees International ( (HK:1361) ) has provided an announcement.

361 Degrees International, a company incorporated in the Cayman Islands, has announced a change in its shareholding structure. This change involves the establishment of family trusts by key executive directors, including Mr. Ding Wuhao and others, to facilitate family succession and wealth management. As a result, the Trustee now holds approximately 65.60% of the company’s shares indirectly, although it does not have voting rights. The directors maintain their positions and voting rights through their respective companies.

More about 361 Degrees International

YTD Price Performance: -5.82%

Average Trading Volume: 2,534

Technical Sentiment Signal: Sell

Current Market Cap: $1.12B

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