---
title: "NovelBeam Technology once fell over 7%, with its stock price dropping below the 40 yuan mark. Multiple shareholders plan to reduce their holdings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/227318525.md"
description: "NovelBeam Technology's stock once fell over 7% during trading, with the share price dropping below the 40 yuan mark, and the total market value falling below 5 billion yuan. In terms of news, NovelBeam Technology announced a share reduction plan after the market closed yesterday, with shareholders Wang Fanghua, Zheng Jinlan, Qingdao Poda Enterprise Management Service Co., Ltd., Qingdao Jialite Enterprise Management Service Partnership, and Ma Min planning to reduce their holdings by no more than 1.2816 million shares, accounting for no more than 1.06% of the company's total share capital. It is reported that the company has issued share reduction plan announcements 4 times in the past three years"
datetime: "2025-02-06T06:13:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/227318525.md)
  - [en](https://longbridge.com/en/news/227318525.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/227318525.md)
generator: "portal-rs"
---

# NovelBeam Technology once fell over 7%, with its stock price dropping below the 40 yuan mark. Multiple shareholders plan to reduce their holdings

NovelBeam Technology's stock once fell over 7% during trading, with the share price dropping below the 40 yuan mark, and the total market value falling below 5 billion yuan. In terms of news, NovelBeam Technology announced a share reduction plan after the market closed yesterday. Shareholders Wang Fanghua, Zheng Jinlan, Qingdao Poda Enterprise Management Service Co., Ltd., Qingdao Jialite Enterprise Management Service Partnership, and Ma Min plan to reduce their holdings by no more than 1.2816 million shares, accounting for no more than 1.06% of the company's total share capital. It is reported that the company has cumulatively announced share reduction plans 4 times in the past three years

### Related Stocks

- [688677.CN](https://longbridge.com/en/quote/688677.CN.md)

## Related News & Research

- [Golf-PGA Tour overhauls post-season, moving to match play format in 2028](https://longbridge.com/en/news/296930417.md)
- [Ambu cuts FY 2025/26 organic revenue growth outlook to about 10%](https://longbridge.com/en/news/296937925.md)
- [Lenzing shareholders approve EUR 300 million capital increase at extraordinary meeting](https://longbridge.com/en/news/296902548.md)
- [China’s CXMT hits a DRAM production ceiling as global memory prices keep climbing](https://longbridge.com/en/news/296858852.md)
- [Citi Downgrades COSCO SHIP HOLD , Evergreen Marine and Yang Ming to Neutral, Adjusts TPs](https://longbridge.com/en/news/296859156.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**