---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248352008.md"
description: "SHM fell over 5%, CITIC FAMC and Zhongrong Life Insurance plan to collectively reduce their holdings by no more than 2.91% of the company's shares"
datetime: "2025-07-14T06:58:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248352008.md)
  - [en](https://longbridge.com/en/news/248352008.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248352008.md)
---

# 

SHM fell by over 5%, CITIC FAMC and Zhongrong Life Insurance plan to collectively reduce their holdings by no more than 2.91% of the company's shares

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