Tongdao Liepin Clarifies Chairman’s Shareholding Amid Proxy Adjustments

Tongdao Liepin Group (HK:6100) has released an update.

Tongdao Liepin Group has issued a clarification regarding the shareholding of its Chairman, Mr. Dai Kebin, revealing that his effective interest is 166.2 million shares, lower than previously reported. This adjustment stems from undisclosed transactions by Yiheng Capital, which impacted voting rights proxied to Mr. Dai’s corporation, May Flower. Despite these changes, Mr. Dai maintains confidence in the company’s future prospects.

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