According to related announcement, up by Jun 4th 2007, Jiangxi Province Electronics Group Corporation (hereinafter called “Electronics Group) had accumulatively sold 4,610,013 shares of Jiangxi Lianchuang Optoelectronics Science & Technology Co., Ltd. (hereinafter called Lianchuang) through list trading in Shanghai Stock Exchange, accounting for 1.24% of Lianchuang's total stock.
Electronics Group originally held 120,225,231 restricted shares of Lianchuang, accounting for 32.42% of the total, of which 18,540,337 shares came into the market on May 31st 2007. Up by the closing day of Jun 4th 2007, Electronics Group had sold 4,610,013 of Lianchuang’s shares in Shanghai Security Exchange, accounting for 1.24% of Lianchuang’s total.
After this share reduction, Electronics Group still owned 115,615,218 shares, 31.79% of the total.