Iflytek: Shareholder's stock reduction plan expires, offloading about 10.83 million shares

NBD AI Bulletin -- Iflytek Co., Ltd (SZ 002230, closing price: 56.82 yuan) on February 23 announced that the Company's shareholder China Mobile reduced about 10.83 million shares from August 24, 2020 to October 30, 2020 at the price of 38.46 yuan~39 yuan per share and the shares offloaded account for 0.49% of the Company's total equity. After this, China Mobile will holds about 258 million shares in the Company, accounting for 11.6% of the Company's total equity. The term of the stock reduction plan expires.

According to the semi-annual report of 2020, Iflytek mainly engages in software and information technology services, education and teaching, accounting for 97.66% and 1.85% of its revenue, respectively.

Iflytek.'s general manager and chairman is Liu Qingfeng, male, 47 years old, PhD, part-time professor and PhD supervisor of University of Science and Technology of China. The president of Iflytek is Wu Xiaoru, male, 49 years old, doctor of electrical engineering of University of Science and Technology of China, senior engineer.

(By Gao Han)

Disclaimer: The content and data of this article are for reference only and do not constitute investment advice. Please verify before use. Any action you take upon the information on this website is at your own risk.