---
title: "Xinzhi Group: CITIC BANK reduced its stake to below 5%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240144892.md"
description: "Xinzhi Group announced that the asset management plan controlled by CITIC BANK through a trust plan has completely reduced its holdings of 104 million unrestricted shares of Xinzhi Group, accounting for 25.53% of the total share capital, and the shareholding ratio has fallen below 5%"
datetime: "2025-05-14T11:02:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240144892.md)
  - [en](https://longbridge.com/en/news/240144892.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240144892.md)
---

# Xinzhi Group: CITIC BANK reduced its stake to below 5%

Xinzhi Group announced that the asset management plan controlled by CITIC BANK through a trust plan has completely reduced its indirect holdings of 104 million unrestricted shares of Xinzhi Group, accounting for 25.53% of the total share capital, and the shareholding ratio has fallen below 5%

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