Core Viewpoint - Shengtai Group (605138.SH) announced a share reduction plan by its major shareholder, Youngor Garment Holdings Co., Ltd., which holds 15.58% of the company's total shares [1]. Group 1: Share Reduction Plan - Youngor Garment intends to reduce its holdings by up to 1% of the total share capital, equating to a maximum of 5,555,600 shares, through centralized bidding within three months after the announcement [1]. - Additionally, Youngor Garment plans to reduce up to 2% of the total share capital, or 11,111,200 shares, via block trading within the same timeframe [1]. - The reduction plan will be adjusted accordingly if there are any corporate actions such as stock dividends or capital increases during the reduction period [1]. Group 2: Company Background - Shengtai Group was listed on the Shanghai Stock Exchange on October 27, 2021, with an issuance of 55.56 million shares at a price of 9.97 yuan per share [2]. - The total funds raised from the initial public offering amounted to 554 million yuan, with a net amount of 463 million yuan after expenses [4]. - The company also issued convertible bonds in 2022, raising a total of 701.18 million yuan, with a net amount of approximately 683.85 million yuan after deducting issuance costs [5]. Group 3: Financial Status - The total funds raised from both the initial public offering and the convertible bond issuance amount to 1.255 billion yuan [7]. - Currently, the stock is in a state of decline, having broken its initial offering price [3].
破发股盛泰集团股东拟减持 2021年上市两募资共12.6亿