Shinelong’s Controlling Shareholder Structure Altered

Shinelong Automotive Lightweight Application Limited (HK:1930) has released an update.

Shinelong Automotive Lightweight Application Limited announced a change in its controlling shareholder structure after Shine Art International Limited redeemed shares previously held by Mr. Chang Jui-Chun. The 454 redeemed shares now serve as treasury shares within Shine Art, which retains a 49.125% holding in Shinelong Automotive. This adjustment to shareholding does not affect Shine Art’s position as a controlling shareholder of the company.

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