KuangChi Science Limited ( (HK:0439) ) just unveiled an update.
KuangChi Science Limited announced that its controlling shareholder, New Horizon Wireless Communication Limited, has sold 178,550,936 shares, representing approximately 29% of the company’s total issued shares, to an independent third-party investor. This transaction significantly reduces the controlling shareholder’s stake, impacting the company’s shareholding structure while maintaining Dr. Liu Ruopeng’s position as a substantial shareholder through indirect interests.
More about KuangChi Science Limited
KuangChi Science Limited is a company incorporated in Bermuda, operating within the technology sector. It focuses on innovative communication solutions and is associated with entities involved in wireless communication and technology investment.
YTD Price Performance: -14.42%
Average Trading Volume: 626,945
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.1B
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