B · Normal
[Wanli Printing resumed trading and rose over 160%. Yili Credit has become the company’s major shareholder] On September 21, as of press time, Wanli Printing (08385.HK) rose 163.33%. According to the announcement, because the company wholly owned by Chairman Lin Sanming failed to repay the loan, the 31.212 million company shares pledged by him were compulsorily transferred by the lender Yili Credit on September 18, making Yili Credit the company's major shareholder. Transferred to the lender upon exercise of security rights. The company will resume trading at 9 a.m. today.
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