---
title: "Peacebird shareholder Chen Hongchao plans to reduce his holdings by no more than 3%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252663738.md"
description: "According to the announcement from Zhitong Finance APP, Peacebird announced that Mr. Chen Hongchao plans to reduce his holdings of the company's shares by a total of no more than 14.1322 million shares, which does not exceed 3% of the total number of company shares, through centralized bidding and block trading within 3 months after the announcement date, due to personal funding needs"
datetime: "2025-08-12T11:31:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252663738.md)
  - [en](https://longbridge.com/en/news/252663738.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252663738.md)
---

# Peacebird shareholder Chen Hongchao plans to reduce his holdings by no more than 3%

According to the announcement from Zhitong Finance APP, Peacebird (603877.SH) announced that Mr. Chen Hongchao plans to reduce his holdings of the company's shares by a total of no more than 14.1322 million shares, which does not exceed 3% of the total shares of the company, through centralized bidding and block trading within three months after the disclosure date of the announcement, starting three trading days after the announcement

### Related Stocks

- [603877.CN](https://longbridge.com/en/quote/603877.CN.md)

## Related News & Research

- [Numbers Do Not Matter In Space](https://longbridge.com/en/news/287104226.md)
- ["The Inflationary Penny Is Dropping": Speculators Are Jettisoning Treasuries As Yields Climb](https://longbridge.com/en/news/286772609.md)
- [Market Chatter: Canada PM Carney Pitches Reluctant British Columbia on New Oil Pipeline to Fuel Asia](https://longbridge.com/en/news/287111266.md)
- [Commentary: The football world will watch EPL’s streaming service debut in Singapore](https://longbridge.com/en/news/287277838.md)
- [Birdfy Review: Smart Bird Feeders and Bird Bath Put to the Test](https://longbridge.com/en/news/287280605.md)