Aisidi's Controlling Shareholder Pledges Part of Shareholding to Company
Shenzhen Aisidi (SHE:002416) said a controlling shareholder, Xinyu Global Star Investment Management, pledged some of its shares to the company, according to a Shenzhen bourse filing on Monday.Xinyu, which currently owns 4.21% of the company, pledged 7,050,000 shares, which represented 0.57% of the company's total share capital, for subsidiary production and business operations.The Chinese technology products manufacturer's shares fell 2% during the afternoon trade.