---
title: "Bailong Chuangyuan fell nearly 6% as Qingdao Kaijin and its concerted parties plan to reduce their holdings by no more than 4.95%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231802971.md"
description: "Bailong Chuangyuan today fell by 5.8% during intraday trading to CNY 17.71. Bailong Chuangyuan announced that its shareholder Qingdao Kaijin and its concerted party Jiaxing Kaijin expect to reduce their shareholding by a total of no more than 15,992,700 shares within three months after fifteen trading days from the date of this announcement, which will not exceed 4.95% of the company's total share capital"
datetime: "2025-03-14T06:29:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231802971.md)
  - [en](https://longbridge.com/en/news/231802971.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231802971.md)
generator: "portal-rs"
---

# Bailong Chuangyuan fell nearly 6% as Qingdao Kaijin and its concerted parties plan to reduce their holdings by no more than 4.95%

Bailong Chuangyuan today fell by 5.8% during trading to CNY 17.71. Bailong Chuangyuan announced that its shareholder Qingdao Kaijin and its concerted party Jiaxing Kaijin expect to reduce their shareholding by a total of no more than 15,992,700 shares within three months after the fifteenth trading day from the date of this announcement, which is no more than 4.95% 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.**