Haining Leather City Shares Were Reduced By &Nbsp; 5 Executives Cash Nearly 40 Million.

　 Recently, Haining Leather City executives repeatedly reduced, in May 20th, there were 5 Haining. Leather City Executives have accumulated 784 thousand and 400 shares of the company's shares and total cash volume of about 39 million 330 thousand yuan. Among them, the chairman of Haining leather city has been able to reduce 400 thousand shares of the company through the block trading platform.

Haining leather city was listed on the SME board in Shenzhen Stock Exchange in January 26, 2010. According to the announcement in January 21st this year, 17 million 220 thousand restricted shares will be listed and circulated in January 26th this year, accounting for 6.15% of the total share capital of the company. The shareholders who applied for the lifting of shares were restricted to 27 natural persons, of whom 6 were senior executives, while the 6 executives held the lifting of the ban after January 26th.

According to the information provided by the Shenzhen Stock Exchange, it began in January 27th. Haining Leather city has executives to reduce shares of the company, until May, the intensity of executive reduction is not large and relatively dispersed. However, from May 5th to May 20th, executives frequently reduced their holdings and reduced their holdings by 1 million 1 thousand and 200 shares, which amounted to 49 million 950 thousand yuan.

Statistics show that in May 20th, a total of 5 Haining leather executives accumulated 784 thousand and 400 shares in the company's stock market through the bulk trading platform of Shenzhen Stock Exchange and the auction trading system, showing a cash dividend of about 39 million 330 thousand yuan. Among them, Haining City The chairman of the board has been able to reduce 400 thousand shares of the company's shares through a block trading platform and cash in 19 million 924 thousand yuan, which is the most senior executive on that day. Li Zongrong, who is also director of the company, deputy general manager and secretaries general, reduced 230 thousand shares through bulk trading on the same day at 49.81 yuan / share price, and reduced 22 thousand and 400 shares by 50.73 yuan / share through a bidding transaction, which amounted to 12 million 590 thousand yuan.

On the same day, Haining Leather City announced that it would send 5 yuan (including tax) to all shareholders in every 10 shares of every 10 shares. After the increase, the share capital of the company increased from 280 million shares to 560 million shares.