---
title: "Jibeier Pharmaceutical's director Hu Tao plans to reduce his holdings by no more than 1%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/227361186.md"
description: "According to the Zhitong Finance APP, Jibeier Pharmaceutical announced that its shareholder holding more than 5%, Director Hu Tao plans to reduce his holdings by no more than 1.99 million shares through competitive trading or block trading, accounting for no more than 1% of the company's total share capital. The reduction period is from March 3, 2025, to May 30, 2025, and the reduction price will be determined at market price"
datetime: "2025-02-06T11:30:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/227361186.md)
  - [en](https://longbridge.com/en/news/227361186.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/227361186.md)
generator: "portal-rs"
---

# Jibeier Pharmaceutical's director Hu Tao plans to reduce his holdings by no more than 1%

According to the announcement from Jibeier Pharmaceutical (688566.SH), Hu Tao, a shareholder and director holding more than 5% of the company's shares, plans to reduce his holdings by no more than 1.99 million shares through competitive bidding or block trading, accounting for no more than 1% of the company's total share capital. The reduction period is from March 3, 2025, to May 30, 2025, with the reduction price determined by market price

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