Xingye's actual controller's concerted actor Wang Jincheng plans to reduce his holdings by no more than 1% of the shares
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According to the announcement from Zhitong Finance APP, Xingye announced that its controlling shareholder and concerted actor of the actual controller, Wang Jincheng, intends to reduce his holdings of the company's shares within three months after 15 trading days from the date of the announcement due to personal asset allocation needs, with a reduction not exceeding 2.6208 million shares, which is no more than 1% of the company's total share capital
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