---
title: "Kingchem: Qilu Investment and Qingsong Investment plan to reduce their holdings by 3% and 1% respectively"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/243118360.md"
description: "Kingchem announced that its shareholder Qilu Investment plans to reduce its holdings by no more than 3.612 million shares, accounting for 3% of the company's total share capital. Among them, no more than 1.204 million shares will be reduced through centralized bidding, accounting for 1% of the company's total share capital; no more than 2.408 million shares will be reduced through block trading, accounting for 2% of the company's total share capital. Shareholder Qingsong Investment plans to reduce its holdings by no more than 1.204 million shares through centralized bidding, accounting for 1% of the company's total share capital. The reduction period is within three months after fifteen trading days from the date of the announcement"
datetime: "2025-06-04T13:06:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/243118360.md)
  - [en](https://longbridge.com/en/news/243118360.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/243118360.md)
---

# Kingchem: Qilu Investment and Qingsong Investment plan to reduce their holdings by 3% and 1% respectively

Kingchem announced that its shareholder Qilu Investment plans to reduce its holdings by no more than 3.612 million shares, accounting for 3% of the company's total share capital. Among them, no more than 1.204 million shares will be reduced through centralized bidding, accounting for 1% of the company's total share capital; no more than 2.408 million shares will be reduced through block trading, accounting for 2% of the company's total share capital. Shareholder Qingsong Investment plans to reduce its holdings by no more than 1.204 million shares through centralized bidding, accounting for 1% of the company's total share capital. The reduction period is within three months after fifteen trading days from the date of the announcement

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