--- title: "Hongqi Chain: Yonghui Superstores plans to reduce its holdings by no more than 1% of shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/251476530.md" description: "According to the Zhitong Finance APP, Hongqi Chain announced that on August 4, 2025, it received a notice from Yonghui Superstores Co., Ltd. (hereinafter referred to as \"Yonghui Superstores\"), a shareholder holding more than 5% of the shares, regarding the plan to reduce its holdings in Chengdu Hongqi Chain Co., Ltd. Yonghui Superstores intends to reduce its holdings in the company through centralized bidding by no more than 13.6 million shares, accounting for no more than 1% of the company's total share capital" datetime: "2025-08-04T13:29:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/251476530.md) - [en](https://longbridge.com/en/news/251476530.md) - [zh-HK](https://longbridge.com/zh-HK/news/251476530.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/251476530.md) | [繁體中文](https://longbridge.com/zh-HK/news/251476530.md) # Hongqi Chain: Yonghui Superstores plans to reduce its holdings by no more than 1% of shares According to the announcement from Zhitong Finance APP, Hongqi Chain (002697.SZ) stated that on August 4, 2025, it received a notice from Yonghui Superstores Co., Ltd. (referred to as "Yonghui Superstores"), a shareholder holding more than 5% of the shares, regarding the plan to reduce its holdings in Chengdu Hongqi Chain Co., Ltd. Yonghui Superstores intends to reduce its holdings in the company through centralized bidding, with a maximum of 13.6 million shares, accounting for no more than 1% of the company's total share capital ### Related Stocks - [Yonghui Superstores (601933.CN)](https://longbridge.com/en/quote/601933.CN.md) - [Hongqi Chain (002697.CN)](https://longbridge.com/en/quote/002697.CN.md) ## Related News & Research - [Tai Po fire: Hong Kong Red Cross raises HK$530 million for affected residents](https://longbridge.com/en/news/278563935.md) - [CITIC Securities Offers Guarantee to Unit's $9.8 Million Bond Issuance](https://longbridge.com/en/news/278658777.md) - [Red Cross launches Iran emergency appeal as needs soar](https://longbridge.com/en/news/278534784.md) - [HAMMOND MANUFACTURING COMPANY LIMITED Announces Declaration of Dividend Payment](https://longbridge.com/en/news/278733580.md) - [Foresta Group Seeks ASX Quotation for 100,000 New Ordinary Shares](https://longbridge.com/en/news/278675368.md)