---
title: "CCYD's shareholder, FAW Equity Company, plans to reduce its holdings by no more than 3% of the shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231130340.md"
description: "According to the Zhitong Finance APP, CCYD announced that its shareholder FAW Equity Investment (Tianjin) Co., Ltd. (referred to as FAW Equity Company) plans to reduce its holdings in the company through centralized bidding and block trading, totaling no more than 4.2455 million shares, which is no more than 3% of the company's total share capital"
datetime: "2025-03-09T23:20:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231130340.md)
  - [en](https://longbridge.com/en/news/231130340.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231130340.md)
generator: "portal-rs"
---

# CCYD's shareholder, FAW Equity Company, plans to reduce its holdings by no more than 3% of the shares

According to the Zhitong Finance APP, Changchun Yidong (600148.SH) announced that its shareholder FAW Equity Investment (Tianjin) Co., Ltd. (referred to as FAW Equity Company) intends to reduce its holdings in the company through centralized bidding and block trading, totaling no more than 4.2455 million shares, which does not exceed 3% of the company's total share capital

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