Crystal Optoelectronics has less than 30% of its controlling shareholder due to equity incentives

Crystal Optoelectronics (002273) announced that due to the company's implementation of the equity incentive plan, the total share capital increased, resulting in the company's controlling shareholder share ratio fell to less than 30%.

Crystal Optoelectronics granted 640,000 reserved restricted shares to 6 incentive targets, which increased the company's total share capital to 250 million shares. Its controlling shareholder, Star Group, held 74.08 million shares, and its shareholding ratio was 30.04 before the equity incentive shares were granted. % dropped to 29.96%.

The company said that after the change in the shareholding ratio, Star Group Co., Ltd. remains the company's largest shareholder and maintains control of the company. The voting rights enjoyed by Mr. Ye Xianyu, the actual controller of the company, are still sufficient to have a significant impact on the resolutions of the company's general meeting of shareholders. Therefore, the controlling shareholder and the actual controller of the company have not changed substantially, and the shareholding ratio of the controlling shareholder and the actual controller of the company will not change. Corporate governance has a substantial impact.

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