--- title: "One of the actual controllers of XUELONG, He Cailin, plans to reduce his holdings by no more than 3%" type: "News" locale: "en" url: "https://longbridge.com/en/news/244452249.md" description: "According to the Zhitong Finance APP, XUELONG Group announced that one of its actual controllers, He Cailin, intends to reduce his holdings in the company through centralized bidding and block trading due to personal funding needs, totaling no more than 6.3341 million shares, which does not exceed 3% of the total shares of the company" datetime: "2025-06-13T12:30:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244452249.md) - [en](https://longbridge.com/en/news/244452249.md) - [zh-HK](https://longbridge.com/zh-HK/news/244452249.md) generator: "portal-rs" --- # One of the actual controllers of XUELONG, He Cailin, plans to reduce his holdings by no more than 3% According to the announcement from Zhitong Finance APP, XUELONG (603949.SH) announced that one of its actual controllers, He Cailin, intends to reduce his holdings in the company through centralized bidding and block trading due to personal funding needs, totaling no more than 6.3341 million shares, which does not exceed 3% of the total shares of the company ### Related Stocks - [603949.CN](https://longbridge.com/en/quote/603949.CN.md) ## Related News & Research - [Chinese Bank Stocks Priced For Bad News As Beijing Injects 360b Yuan](https://longbridge.com/en/news/298164961.md) - [JinkoSolar proposes renaming to Jinko Holdings Limited](https://longbridge.com/en/news/298436538.md) - [ABC Plans General Mandate A-Share Issuance to Ministry of Finance and Others, Raising Up to RMB160 Billion](https://longbridge.com/en/news/298152621.md) - [M Stanley: Capital Injection Dilution for ICBC Milder Than Forecast; ABC Equity Dilution In Line](https://longbridge.com/en/news/298162976.md) - [G Sachs: China's Second Round of Capital Injection for Large Banks Strengthens Capital, ICBC RMB100B Placement Dilution Impact Manageable](https://longbridge.com/en/news/298160577.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**