Meinian Onehealth Healthcare (SHE:002044) said Tongyi Taoli No. 3 and No. 12 private funds, acting in concert with actual controller Yu Rong, completed their share reduction plan.
Yu Rong and its concert parties' combined stake declined to 16.89% from 17.42%, according to a Shenzhen bourse filing on Thursday.
Shares of the healthcare services provider were down nearly 3% in recent trade.
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