---
title: "CIGU TECHNOLOGY: Xu Longxiang's shareholding ratio has decreased to 6.7318%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/239299994.md"
description: "CIGU TECHNOLOGY announced that shareholder Xu Longxiang will reduce his holdings by 696,500 shares through centralized bidding from October 11, 2024, to May 8, 2025, accounting for 1.0144% of the company's total share capital. Due to the increase in the total number of shares, Xu Longxiang's shareholding ratio has been passively diluted to 6.7318%. This change does not trigger a tender offer and will not result in a change of the company's controlling shareholder or actual controller"
datetime: "2025-05-08T09:22:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239299994.md)
  - [en](https://longbridge.com/en/news/239299994.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239299994.md)
generator: "portal-rs"
---

# CIGU TECHNOLOGY: Xu Longxiang's shareholding ratio has decreased to 6.7318%

CIGU TECHNOLOGY announced that shareholder Mr. Xu Longxiang will reduce his holdings by 696,500 shares through centralized bidding from October 11, 2024, to May 8, 2025, accounting for 1.0144% of the company's total share capital. At the same time, due to the increase in the total number of company shares, his shareholding ratio will be passively diluted by 0.0423%. After the change, Mr. Xu Longxiang's shareholding will decrease to 4.8235 million shares, with a shareholding ratio of 6.7318%. This equity change is part of the disclosed share reduction plan and passive dilution, does not trigger a tender offer, and will not lead to a change in the company's controlling shareholder or actual controller

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