Yan Wanhua, vice board chairman and president of Sailun Jinyu Group Co., Ltd., said he would accumulate shares in the company through Shanghai Securities Exchange.
Before the accumulation, Yan held 100,336,900 shares in the company, accounting for 3.71% of outstanding shares.
After an accumulation of 64,380 shares, he holds 100,401,300 shares, accounting for 3.72% of outstanding shares.
Yan plans to accumulate 10 million to 20 million shares in Sailun Jinyu in the coming six months, dated from Dec. 18, 2017.
Macrolink Group has become the largest shareholder of Sailun Jinyu after massive accumulation.
But the board chairman Du Yudai is still the actual controller.
