No entrusted shareholding among controlling shareholders: Luxshare Precision Industry

2020-08-11
|
Roy Li

This afternoon, the staff of Luxshare Precision Industry's securities department told media that there is no association relationship between the company's controlling shareholder Wang Laichun and Wu Zhengwei, and there is no entrusted shareholding.


Earlier, there were media reports that Wu Zhengwei, the former executive of Luxshare's management center, complained that he had a dispute over equity holdings with Wang Laichun, the actual controller of Luxshare.


The Luxshare Precision shares involved in this dispute accounted for approximately 5.336% of the total shares, with a market value of 19.993 billion yuan.


RELATED ARTICLES

Eugenlight Technologies closes Series A of RMB tens of millions
2020-09-13
|
PEVC , Semiconductor , Electroinic

Microtera Semiconductor closes Series A with RMB tens of millions
2020-09-13
|
PEVC , Semiconductor

Vertex Ventures completes new fund raising of RMB three bln
2020-09-13
|
PEVC , Technology , Semiconductor

Best Compound closes Pre-A with RMB of 100 million led by CTC Capital
2020-09-09
|
PEVC , Semiconductor

Reactor Microelectronics closes Series B for high-speed power integration chips
2020-09-08
|
Semiconductor , Electronic , PEVC
China SDG