--- title: "CGEE: Xinrui Jicheng plans to reduce its holdings by no more than 3% of shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/251822876.md" description: "CGEE announced that its shareholder Xinrui Jicheng plans to reduce its holdings by no more than 3% due to funding needs, specifically by reducing no more than 1.3836 million shares (1%) through centralized bidding and no more than 2.7673 million shares (2%) through block trading. The reduction plan will be implemented within 3 months after the announcement is disclosed, within 15 trading days" datetime: "2025-08-06T11:31:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/251822876.md) - [en](https://longbridge.com/en/news/251822876.md) - [zh-HK](https://longbridge.com/zh-HK/news/251822876.md) --- # CGEE: Xinrui Jicheng plans to reduce its holdings by no more than 3% of shares According to the announcement from Zhitong Finance APP, CGEE (688478.SH) has released a notice stating that its shareholder Xinrui Jicheng plans to reduce its holdings in the company by no more than 4.1509 million shares due to its own funding needs. Among them: it plans to reduce its holdings by no more than 1.3836 million shares through centralized bidding trading, with a reduction ratio not exceeding 1% of the company's total share capital; and to reduce its holdings by no more than 2.7673 million shares through block trading, with a reduction ratio not exceeding 2% of the company's total share capital. This reduction plan will be implemented within three months after 15 trading days from the date of the announcement ### Related Stocks - [688478.CN](https://longbridge.com/en/quote/688478.CN.md) ## Related News & Research - [11:05 ETThe Church of Jesus Christ of Latter-day Saints Commits $25 Million to the UNICEF-led Child Nutrition Fund](https://longbridge.com/en/news/287088476.md) - [IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS IRAN READY TO DEVELOP PROTOCOLS FOR SAFE SHIPPING TRAFFIC IN COOPERATION WITH OTHER COASTAL STATES](https://longbridge.com/en/news/287101035.md) - [Strathmore Confirms 85% Mineralization Hit Rate at Agate | SUUFF Stock News](https://longbridge.com/en/news/287092474.md) - [Polytechnic students create AI chatbot to improve access to special needs resources and support](https://longbridge.com/en/news/286932477.md) - [BYD is struggling to meet demand for new fast-charging EVs as orders reach 100K, 60K](https://longbridge.com/en/news/287109883.md)