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Investors Don't See Light At End Of Infotmic Co.,Ltd's (SZSE:000670) Tunnel And Push Stock Down 27%
Infotmic Co.,Ltd (000670.SZ): signed a "Joint Action Agreement" with related parties.
On March 24, Gelonghui reported that Infotmic Co., Ltd (000670.SZ) announced that Shanghai Jingyu Investment Management Co., Ltd (referred to as "Jingyu Investment") plans to purchase a 49% stake in Shenzhen Huaxin Technology Co., Ltd (referred to as "Huaxin Technology") and WORLDSTYLE TECHNOLOGY HOLDINGS LIMITED (referred to as "WorldStyle", collectively known as "symbol company"). The transfer of equity and delivery procedures have not yet been completed. Recently, Infotmic Co., Ltd's wholly-owned subsidiary Shanghai Infotmic Co., Ltd (referred to as "Shanghai Infotmic")
Infotmic Co.,Ltd (000670.SZ): Orient's shareholding period has ended and 1% of the shares have been sold.
On March 13, Gelonghui reported that Infotmic Co.,Ltd (000670.SZ) announced that the company recently received a notification from Orient regarding the expiration of the shareholding plan and its implementation. The shareholding plan by Orient has now expired, with a total of 8.394835 million shares reduced, representing a reduction ratio of 1.0000%.
Take Care Before Diving Into The Deep End On Infotmic Co.,Ltd (SZSE:000670)
