---
title: "TODAYTEC: Shareholders and their concerted actors have not reduced their holdings in the company and have terminated the reduction plan in advance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/235235565.md"
description: "TODAYTEC announced that its shareholder, Shenghua Group, along with its concerted actor Ms. Qian Xiaomei, originally planned to reduce their holdings by no more than 4.5 million shares. However, as of the announcement date, they have not reduced their holdings and have decided to terminate the reduction plan early based on their confidence in the company's development prospects"
datetime: "2025-04-09T12:45:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/235235565.md)
  - [en](https://longbridge.com/en/news/235235565.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/235235565.md)
---

# TODAYTEC: Shareholders and their concerted actors have not reduced their holdings in the company and have terminated the reduction plan in advance

TODAYTEC announced that on March 11, 2025, the company disclosed the "Pre-disclosure Announcement on Share Reduction by Shareholders Holding More Than 5% and Their Concerted Actors." Shareholders holding more than 5%, Shenghua Group Holdings Limited and its concerted actor Ms. Qian Xiaomei, plan to reduce their holdings in the company by a total of no more than 4.5 million shares through block trading and centralized bidding within three months after the announcement date, starting from 15 trading days after the disclosure. As of the date of this announcement, Shenghua Group and its concerted actor Ms. Qian Xiaomei have not reduced their holdings in the company. Based on confidence in the company's development prospects and recognition of the company's value, they have decided to terminate this reduction plan early

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