---
title: "WEIGUANG specific shareholders reduced their holdings by 3 million shares, and the reduction plan has been completed"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/254163926.md"
description: "Hangzhou Weiguang Electronics Co., Ltd. announced that a specific shareholder, Hangzhou Weiguang Investment Partnership, has completed the plan to reduce its holdings by 3 million shares. This reduction plan was implemented from June 17 to September 16, and was ultimately completed through centralized bidding and block trading from June 25 to August 22, with a reduction ratio of 1.32%, bringing the shareholding ratio down to 2.56%"
datetime: "2025-08-22T11:47:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/254163926.md)
  - [en](https://longbridge.com/en/news/254163926.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/254163926.md)
---

# WEIGUANG specific shareholders reduced their holdings by 3 million shares, and the reduction plan has been completed

On August 22, 2025, Hangzhou Weiguang Electronics Co., Ltd. announced the completion of the share reduction plan by specific shareholder Hangzhou Weiguang Investment Partnership. On May 26 of this year, the company disclosed a pre-announcement of the reduction, stating that Weiguang Investment planned to reduce its holdings by no more than 3 million shares from June 17 to September 16, accounting for 1.32% of the total share capital after excluding the repurchase special account. This time, Weiguang Investment reduced its holdings by a total of 3 million shares from June 25 to August 22 through centralized bidding and block trading, with a reduction ratio of 1.32%, bringing its shareholding down to 2.56%

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