On March 16, Tianfeng Securities Co., Ltd. announced in response to investor inquiries on an interactive platform that its major shareholder has completed the acquisition of company shares in strict accordance with the planned share purchase program. Should there be any subsequent share repurchases or new acquisition plans, the company will promptly fulfill its information disclosure obligations as required by regulations. The company's operations are normal, and the major shareholder remains committed to supporting the firm's sustained and stable development. According to disclosed regulatory information, the company's recent compliance issue does not constitute a major illegal act that would trigger mandatory delisting under the Shanghai Stock Exchange's listing rules.
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Tianfeng Securities Major Shareholder Completes Planned Share Acquisition
Deep News03-16
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