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China Techfaith Wireless Communication Technology Limited Message Board

  • blueline_4321 blueline_4321 Aug 5, 2013 3:07 PM Flag

    Ownership

    Looks like Defu #$%$ own about 1/3 of the company.

    E. Share Ownership

    As of March 31, 2013, 794,003,19 ordinary shares of our company were outstanding, excluding shares issuable upon the exercise of outstanding options. Our shareholders are entitled to vote together as a single class on all matters submitted to shareholders vote. No shareholder has different voting rights from other shareholders. We are not aware of any arrangement that may, at a subsequent date, result in a change of control of our company.

    As of March 31, 2013, approximately 62.2% of the issued and outstanding shares were held by three record shareholders in the United States, including 32,903,721 ADSs held by our ADS depositary.

    The following table sets forth information with respect to our directors and executive officers’ beneficial Ownership of our ordinary shares as of March 31, 2013, to the extent such ownership exists.


    Directors and Executive Officers:

    Defu #$%$ (3) 254,695,000 32.1 %
    Jy-Ber Gilbert Lee (4) 131,636 *
    Hung Hsin (Robert) Chen (5) 65,818 *
    Hui (Tom) Zhang (6) 65,818 *
    Ken Lu (7) 65,818 *
    Sui Ling (8) 65,818 *
    All directors and executive officers as a group (9)
    255,089,908 32.1 %

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