---
title: "ZHEJIANG XINCHAI Chairman Bai Hongfa has cumulatively reduced his holdings in the company by 1.3575 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231686596.md"
description: "According to the Zhitong Finance APP, ZHEJIANG XINCHAI announced that the company recently received a notice from Chairman Bai Hongfa regarding the completion of the share reduction plan. Mr. Bai Hongfa has reduced his holdings by 1.3575 million shares, accounting for 0.5630% of the company's total share capital. The total number of shares Mr. Bai Hongfa reduced this time did not exceed the number specified in the reduction plan, and his reduction plan has been fully implemented"
datetime: "2025-03-13T11:31:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231686596.md)
  - [en](https://longbridge.com/en/news/231686596.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231686596.md)
---

# ZHEJIANG XINCHAI Chairman Bai Hongfa has cumulatively reduced his holdings in the company by 1.3575 million shares

According to the news from Zhitong Finance APP, ZHEJIANG XINCHAI (301032.SZ) announced that the company's chairman, Mr. Bai Hongfa, recently issued a "Notice of Completion of Share Reduction Plan." Mr. Bai Hongfa has reduced his holdings by 1.3575 million shares, accounting for 0.5630% of the company's total share capital. The total number of shares reduced by Mr. Bai Hongfa did not exceed the number specified in the reduction plan, and his reduction plan has been completed

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