---
title: "Wuxi Zhenhua: Wuxi Kangsheng plans to reduce its holdings by no more than 1% of its shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/246794577.md"
description: "According to the announcement from Wuxi Zhenhua, due to the shareholders' own funding needs, Wuxi Kangsheng intends to reduce its holdings by no more than 1% of the total shares of the company, which is no more than 2.5 million shares, through centralized bidding, while complying with relevant laws and regulations. The reduction price will be determined based on the market price at the time of the reduction"
datetime: "2025-07-01T08:39:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/246794577.md)
  - [en](https://longbridge.com/en/news/246794577.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/246794577.md)
---

# Wuxi Zhenhua: Wuxi Kangsheng plans to reduce its holdings by no more than 1% of its shares

According to the announcement from Wuxi Zhenhua (605319.SH), due to the shareholder's own funding needs, Wuxi Kangsheng intends to reduce its holdings by no more than 1% of the total shares of the company, which is no more than 2.5 million shares, through centralized bidding, while complying with relevant laws and regulations. The reduction price will be determined based on the market price at the time of the reduction

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