---
title: "Some shareholders and executives of Lontium plan to reduce their holdings in the company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/246831752.md"
description: "Lontium announced that due to funding needs, some shareholders and directors intend to reduce their holdings in the company. Sequoia Capital plans to reduce its holdings by no more than 1.5652 million shares (1.1739%), Hefei Zhong'an plans to reduce its holdings by no more than 722,600 shares (0.5420%), Chuzhou Zhong'an plans to reduce its holdings by no more than 298,700 shares (0.2240%), and Su Jin plans to reduce its holdings by no more than 80,000 shares (0.0600%). The reduction will take place within three months after the announcement is disclosed, within 15 trading days"
datetime: "2025-07-01T12:01:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/246831752.md)
  - [en](https://longbridge.com/en/news/246831752.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/246831752.md)
---

# Some shareholders and executives of Lontium plan to reduce their holdings in the company

According to the announcement from Longxin Co., Ltd. (688486.SH), due to its own funding needs, shareholder Sequoia Capital plans to reduce its holdings of the company's shares by no more than 1.5652 million shares through centralized bidding or block trading, accounting for no more than 1.1739% of the company's total share capital.

Due to its own funding needs, shareholder Hefei Zhong'an plans to reduce its holdings of the company's shares by no more than 722,600 shares through centralized bidding or block trading, accounting for no more than 0.5420% of the company's total share capital.

Due to its own funding needs, shareholder Chuzhou Zhong'an plans to reduce its holdings of the company's shares by no more than 298,700 shares through centralized bidding or block trading, accounting for no more than 0.2240% of the company's total share capital.

Due to its own funding needs, director and senior executive Su Jin plans to reduce his holdings of the company's shares by no more than 80,000 shares through centralized bidding or block trading, accounting for no more than 0.0600% of the company's total share capital. This will be conducted within three months after 15 trading days from the date of the announcement

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