---
title: "FANGDA S.Steel: Xu Huigong plans to reduce his holdings by no more than 1% of the company's shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/251316026.md"
description: "According to the Zhitong Finance APP, FANGDA S.Steel announced that Xu Huigong plans to reduce his holdings of the company's shares by no more than 23.1318 million shares through centralized bidding within 90 days after the announcement of this reduction plan, with a reduction ratio not exceeding 1% of the company's total share capital"
datetime: "2025-08-03T07:54:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/251316026.md)
  - [en](https://longbridge.com/en/news/251316026.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/251316026.md)
---

# FANGDA S.Steel: Xu Huigong plans to reduce his holdings by no more than 1% of the company's shares

According to the announcement from Zhitong Finance APP, FANGDA S.Steel (600507.SH) announced that Xu Huigong plans to reduce his holdings of the company's shares by no more than 23.1318 million shares through centralized bidding within 90 days after the announcement of this reduction plan, with a reduction ratio not exceeding 1% of the company's total share capital

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