Shangshan Gold International Holdings Ltd. (1939) released additional information on December 4, 2025, regarding the controlling shareholder’s recent disposal of shares. According to the announcement, the disposal resulted from an on-market forced sale by a financier. The shares were placed in securities accounts for margin facilities purposes.
Mr. Huang, the controlling shareholder, stated that to the best of his knowledge, after making reasonable inquiry, there will be no further forced disposals of shares under his control. The company reminds shareholders and potential investors to exercise caution when trading its securities.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments