Hainan Ruize Actual Controller's 9 Million Shares Were Forced to Sell by the Court

2026-04-20 09:26:11

On April 17, Hainan Ruize announced that the First Intermediate People's Court of Hainan Province planned to sell 9 million shares of the company (accounting for 0.78% of the company's total equity) held by Mr. Feng Huoling by centralized bidding from the date of this announcement to April 24, 2026.

On April 17, Hainan Ruize announced that the First Intermediate People's Court of Hainan Province planned to sell 9 million shares of the company (accounting for 0.78% of the company's total equity) held by Mr. Feng Huoling by centralized bidding from the date of this announcement to April 24, 2026. This reduction is enforced by the court due to the dispute over the financial loan contract, and the source of the shares is the shares acquired by Mr. Feng Huoling before the initial public offering.

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On April 17, Hainan Ruize announced that the First Intermediate People's Court of Hainan Province planned to sell 9 million shares of the company (accounting for 0.78% of the company's total equity) held by Mr. Feng Huoling by centralized bidding from the date of this announcement to April 24, 2026.

2026-04-20 09:26:11

On October 13, the Office of Industry and Information Technology of Jiangxi Province announced that due to the revision of the policy of capacity replacement in the cement and glass industry by the Ministry of Industry and Information Technology, the Office of Industry and Information Technology of Jiangxi Province decided to abolish the Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province (Gongxin Regulation No.2024) from the date of issuance of the notice, and to abolish the "Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province". The capacity replacement of cement and glass industry in the whole province will be handled in accordance with the relevant policies of the Ministry of Industry and Information Technology in the future.