--- title: "weizhixiang: Employee stock ownership platform plans to reduce its holdings of no more than 0.43% of the company's shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/250958249.md" description: "According to the announcement released by Weizhixiang, the company's employee stock ownership platform plans to reduce its holdings of the company's shares through centralized bidding within three months after the disclosure of this reduction plan, due to its own funding needs. The total number of shares to be reduced will not exceed 600,000 shares, which is no more than 0.43% of the company's total share capital" datetime: "2025-07-31T09:38:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/250958249.md) - [en](https://longbridge.com/en/news/250958249.md) - [zh-HK](https://longbridge.com/zh-HK/news/250958249.md) --- # weizhixiang: Employee stock ownership platform plans to reduce its holdings of no more than 0.43% of the company's shares According to the announcement from Zhitong Finance APP, weizhixiang (605089.SH) stated that its employee stock ownership platform, due to its own funding needs, plans to reduce its holdings of the company's shares through centralized bidding within three months after the disclosure of this reduction plan, with a total number not exceeding 600,000 shares, which is no more than 0.43% of the company's total share capital ### Related Stocks - [605089.CN](https://longbridge.com/en/quote/605089.CN.md) ## Related News & Research - [Comey eyes new 'anti-weaponization' fund: 'I'm guessing I'll be in line'](https://longbridge.com/en/news/286948735.md) - [Scott Jennings voices concern over Trump's $1.7B DOJ fund](https://longbridge.com/en/news/286922300.md) - [Senate Democrats call for White House election security czar's removal](https://longbridge.com/en/news/286956776.md) - [Blanche won't rule out Trump 'weaponization' fund payouts to January 6 rioters who assaulted police](https://longbridge.com/en/news/286947179.md) - [Thune ‘not a big fan’ of Trump administration setting up a $1.8B compensation fund for MAGA allies](https://longbridge.com/en/news/286940976.md)