---
title: "11 days 6 boards GRANDBUY: Shareholder Bank of China Financial Asset Investment Co., Ltd. reduced its stake in the company by 1%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225189200.md"
description: "GRANDBUY announced that on January 16, 2025, the company received a notice from its shareholder, China Bank Financial Asset Investment Co., Ltd., which holds more than 5% of the shares. On January 15, 2025, China Bank Financial Asset Investment Co., Ltd. reduced its holdings by 7.0403 million shares through a centralized bidding method on the stock exchange, decreasing its shareholding ratio from 7% to 6%. The shares held by China Bank Financial Asset Investment Co., Ltd. were obtained from the public issuance of shares to specific objects due to a major asset restructuring in 2021. Its reduction of holdings complies with relevant laws and regulations. After this change, China Bank Financial Asset Investment Co., Ltd. holds a total of 42,242,332 shares in the company, accounting for 6.00% of the total share capital"
datetime: "2025-01-16T11:16:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225189200.md)
  - [en](https://longbridge.com/en/news/225189200.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225189200.md)
---

# 11 days 6 boards GRANDBUY: Shareholder Bank of China Financial Asset Investment Co., Ltd. reduced its stake in the company by 1%

On January 16, Jinshi Data reported that GRANDBUY announced that on January 16, 2025, it received a notice from its shareholder, China Bank Financial Asset Investment Co., Ltd., which holds more than 5% of the shares. On January 15, 2025, China Bank Financial Asset Investment Co., Ltd. reduced its holdings by 7.0403 million shares through a centralized bidding method on the stock exchange, decreasing its shareholding ratio from 7% to 6%. The shares held by China Bank Financial Asset Investment Co., Ltd. were obtained from the public issuance of shares to specific objects due to a major asset restructuring in 2021. Its reduction of holdings complies with relevant laws and regulations. After this change, China Bank Financial Asset Investment Co., Ltd. holds a total of 42.242332 million shares of the company, accounting for 6.00% of the total share capital

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