Ruifeng Optoelectronics announced on the afternoon of September 4 that the company received Mr. Gong Weibin’s “Notice on the Implementation Progress of the Share Reduction Planâ€. Mr. Gong Weibin passed the centralized bidding method on the stock exchange on July 24, 25 and September 5, 2014. And the block trading system reduced the company's unrestricted shares of tradable shares by 10,074,569 shares, accounting for 4.62% of the company's total share capital.
Mr. Gong Weibin is the controlling shareholder and actual controlling shareholder of the company. He is currently the chairman and general manager of the company. Prior to the shareholding reduction, Mr. Gong Weibin directly held 81,116,202 shares of the company, accounting for 37.17% of the total shares of the company. After this reduction, Mr. Gong Weibin holds 73,116,202 shares of the company, accounting for 33.50% of the company's total shares. Mr. Gong Weibin is still the controlling shareholder and actual controlling shareholder of the company. Mr. Gong Weibin's shareholding ratio and the company's second largest shareholder The share ratio is still greater than 5%.
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