DC HOLDINGS Ends Planned Share Sale, Trims DCITS Stake by 1.31% While Retaining Control

Bulletin Express
Mar 30

Digital China Holdings Limited (DC HOLDINGS) announced that the three-month window for its previously disclosed share-disposal plan in Digital China Information Service Group Company Ltd. (DCITS) has closed as of 30 March 2026. The transaction was executed through its indirect wholly owned subsidiary, Digital China Software Co., Ltd. (DC Software).

Between 10 January and 30 March 2026, DC Software sold an additional 868,826 DCITS shares—equivalent to about 0.09% of DCITS’s issued share capital—via both centralized bidding and block trades. Sale prices ranged from RMB17.26 to RMB19.32 per share in centralized bidding and from RMB16.27 to RMB17.43 per share in block trades, generating total proceeds of approximately RMB14.91 million (about HK$16.60 million).

Cumulatively, DC Software disposed of 12.76 million DCITS shares, representing roughly 1.31% of DCITS’s total share capital, during the entire disposal period. This falls well below the original cap of 28.83 million shares (2.95% of DCITS’s share base) authorized for sale.

Post-transaction, DC Software retains 376.78 million DCITS shares, or 38.61% of the company, ensuring it remains the controlling shareholder. Consequently, DCITS continues to be consolidated as a subsidiary of DC HOLDINGS.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10