---
title: "ASAC: Multiple shareholders plan to reduce their holdings in the company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/254593343.md"
description: "ASAC announced that Chairman Tao Liangfeng, Chief Financial Officer Wang Guiqin, and Director Shen Yicheng plan to reduce their holdings in the company. Tao Liangfeng holds 4.8848 million shares and intends to reduce his holdings by no more than 1.2212 million shares; Wang Guiqin holds 3.6382 million shares and intends to reduce her holdings by no more than 909,500 shares; Shen Yicheng holds 4.288 million shares and intends to reduce his holdings by no more than 1.072 million shares. The reduction period is from September 17, 2025, to December 17, 2025"
datetime: "2025-08-26T10:04:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/254593343.md)
  - [en](https://longbridge.com/en/news/254593343.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/254593343.md)
---

# ASAC: Multiple shareholders plan to reduce their holdings in the company

ASAC announced that the company's director and general manager, Tao Liangfeng, holds 4.8848 million shares, accounting for 0.51%, and plans to reduce his holdings by no more than 1.2212 million shares, accounting for 0.13%, from September 17, 2025, to December 17, 2025, which represents 25% of his holdings; the director and CFO, Wang Guiqin, holds 3.6382 million shares, accounting for 0.38%, and plans to reduce his holdings by no more than 909.5 thousand shares, accounting for 0.10%, which represents 25% of her holdings; the director, Shen Yicheng, holds 4.288 million shares, accounting for 0.45%, and plans to reduce his holdings by no more than 1.072 million shares, accounting for 0.11%, which represents 25% of his holdings

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