---
title: "OBiO Tech shareholder Huairuishengyin and its concerted parties plan to reduce their holdings by no more than 1%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/239441118.md"
description: "According to the Zhitong Finance APP, OBiO Tech announced that its shareholder Huairuishengyin and its concerted parties plan to reduce their holdings in the company through centralized bidding and block trading, with the total number of shares to be reduced not exceeding 6.4904 million shares, accounting for no more than 1% of the company's total share capital"
datetime: "2025-05-08T23:31:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239441118.md)
  - [en](https://longbridge.com/en/news/239441118.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239441118.md)
generator: "portal-rs"
---

# OBiO Tech shareholder Huairuishengyin and its concerted parties plan to reduce their holdings by no more than 1%

According to the Zhitong Finance APP, OBiO Tech (688238.SH) announced that its shareholder Huairuishengyin and its concerted parties plan to reduce their holdings in the company through centralized bidding and block trading, with the total number of shares to be reduced not exceeding 6.4904 million shares, accounting for no more than 1% of the company's total share capital

### Related Stocks

- [688238.CN](https://longbridge.com/en/quote/688238.CN.md)

## Related News & Research

- [ZZ_B: Q2 2026 saw 18% revenue growth, higher margins, and strong profit gains from expansion and acquisitions](https://longbridge.com/en/news/296866161.md)
- [AFYREN scales bio-based acid output and strengthens climate-resilient positioning](https://longbridge.com/en/news/297214424.md)
- [Eltel buys EWII street lighting business in Jutland](https://longbridge.com/en/news/297005499.md)
- [aXichem expects EU approval for phenylcapsaicin poultry-feed additive by end-2026 after positive EFSA opinion](https://longbridge.com/en/news/297133788.md)
- [FOAMIT: Revenue and EBITDA rose sharply as European expansion and capacity investments advanced](https://longbridge.com/en/news/296873354.md)

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