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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (5300)8/6/2005 6:05:33 PM
From: RealMuLan  Read Replies (2) | Respond to of 6370
 
BIDU Li Yanhong sold 250k sh. on Friday, eq. <3% of his holding. His holding is down from 25.8% to 22.9%. Xu Yong, another founder of the company sold 160k sh. about 7% of his holding. Xu still have 7% of holding. The largest holder of the company is De Fengjie, who only sold 3% of his share, so his holding is down form 28.1% to 25.8%.

So the 3 founders of the company now still hold 55.7% of the company, make hostile take over absolutely impossible<g>


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