An announcement from Henan Shijia Photons Technology Co.,Ltd. (SH: 688313) reveals that a significant shareholder plans to reduce its stake. Hebi Investment Group Co., Ltd., a shareholder holding more than 5% of the company, intends to sell part of its holdings.
The plan involves selling shares through centralized bidding on the market within three months, starting 15 trading days after the announcement's disclosure date. The total number of shares to be sold will not exceed 4.5198 million, which represents no more than 1% of the company's total share capital.
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