---
title: "HCVAC employee strategic placement asset management plan intends to reduce holdings by no more than 2.5% of shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/243493865.md"
description: "According to the Zhitong Finance APP, HCVAC announced that the company's shareholder, Xingzheng Securities Asset Management - Industrial Bank - Xingzheng Asset Management Xinzong HCVAC No. 1 Employee Strategic Placement Collective Asset Management Plan, intends to reduce its holdings of the company's shares by no more than 2.5 million shares (accounting for 2.50% of the company's total share capital) through block trading or centralized bidding from June 30, 2025, to September 29, 2025"
datetime: "2025-06-06T13:25:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/243493865.md)
  - [en](https://longbridge.com/en/news/243493865.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/243493865.md)
---

# HCVAC employee strategic placement asset management plan intends to reduce holdings by no more than 2.5% of shares

According to the announcement from Zhitong Finance APP, HCVAC (301392.SZ) stated that its shareholder, Xingzheng Securities Asset Management - Industrial Bank - Xingzheng Asset Management Xinzong HCVAC No. 1 Employee Strategic Placement Collective Asset Management Plan, plans to reduce its holdings of the company's shares by no more than 2.5 million shares (accounting for 2.50% of the company's total share capital) through block trading or centralized bidding from June 30, 2025, to September 29, 2025

### Related Stocks

- [301392.CN](https://longbridge.com/en/quote/301392.CN.md)
- [601166.CN](https://longbridge.com/en/quote/601166.CN.md)

## Related News & Research

- [BYD Fang Cheng Bao hits 400,000 sales milestone despite production snags](https://longbridge.com/en/news/287011931.md)
- [Fang Cheng Bao SUV delivery delays highlight BYD's manufacturing pressure amid tech transition](https://longbridge.com/en/news/286999045.md)
- [Goldman Sachs set to be named lead left underwriter for SpaceX IPO, source says](https://longbridge.com/en/news/286975906.md)
- [Market Chatter: Intel Urges PC Makers to Adopt Advanced CPUs Amid Supply Crunch](https://longbridge.com/en/news/286955059.md)
- [EXCLUSIVE: Google's AI Monetization Strategy May Be Leaving Rivals Behind, Says Direxion](https://longbridge.com/en/news/286919559.md)