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.
For further insights into HK:1930 stock, check out TipRanks’ Stock Analysis page.