---
title: "Jiangnan High Fiber once fell nearly 3%, with the stock price hitting a new low in about a month and a half"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/224721651.md"
description: "JNGX today fell nearly 3% during trading to 2.02 yuan, marking a new low of about one and a half months since November 27 of last year. JNGX announced that the company received a notice from shareholder Mr. Ye Jinyou regarding the completion of the share reduction plan and the results of the share reduction. As of January 9, 2025, this share reduction plan has been completed. Shareholder Mr. Ye Jinyou reduced his holdings of the company's shares by a total of 17,334,300 shares from November 13, 2024, to January 9, 2025, representing a reduction ratio of 1%"
datetime: "2025-01-13T06:02:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/224721651.md)
  - [en](https://longbridge.com/en/news/224721651.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/224721651.md)
---

# Jiangnan High Fiber once fell nearly 3%, with the stock price hitting a new low in about a month and a half

Jiangnan High Fiber today fell nearly 3% to HKD 2.02 during intraday trading, hitting a new low in about a month and a half since November 27 of last year. Jiangnan High Fiber announced that the company received a notice from shareholder Mr. Ye Jinyou regarding the completion of the share reduction plan and the results of the share reduction. As of January 9, 2025, this share reduction plan has been completed. Shareholder Mr. Ye Jinyou reduced his holdings of the company's shares by a total of 17,334,300 shares from November 13, 2024, to January 9, 2025, representing a reduction ratio of 1%

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