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Qihang Equipment Co (EBIV)

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Thursday 27 March, 2014

Qihang Equipment Co

Management interest in Proud Style Limited

RNS Number : 3274D
Qihang Equipment Company Limited
27 March 2014

Management Of Qihang Equipment Company Obtain An Interest In Proud Style Limited

Proud Style Limited is the controlling shareholder of Qihang Equipment Company Limited ("QIH"), holding 66% of the issued shares in the company.  On March 11 2014, Mr Li Yuanqing, CEO of QIH, transferred 37.32% of his shares in Proud Style Limited to Fortunate Journey Group Limited and at the same time he also granted 24.85% of his shares in Proud Style Limited to the management team of QIH.  Proud Style Limited remains under the direct control of Mr Li Yuanging and as a result his aggregate interest in 38,825,737 shares in QIH, representing 66.9% of the issued shares, has not changed.


Qihang Equipment Company

Mr Li Yuanqing , CEO

Mark Chapman, Chairman



Tel: +86 139 2159 4638

Tel: +44 (0)1483 892130


Nominated Adviser and Joint Broker

Northland Capital Partners Limited

William Vandyk / Matthew Johnson


Tel: +44 (0)20 7796 8800

Joint Broker

Peterhouse Corporate Finance

Lucy Williams


Tel: +44 (0)20 7469 0930


This information is provided by RNS
The company news service from the London Stock Exchange

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