--- title: "Sinolong: Strait plans to reduce its holdings by no more than 1%" type: "News" locale: "en" url: "https://longbridge.com/en/news/255459141.md" description: "According to the Zhitong Finance APP, Sinolong announced that its shareholder Strait Co., Ltd. (referred to as \"Strait\"), holding 10.750% of the shares, plans to reduce its holdings in the company through block trading within 3 months after 15 trading days from the announcement date, not exceeding 1% of the company's total share capital, which is no more than 4,000,100 shares" datetime: "2025-09-01T11:19:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/255459141.md) - [en](https://longbridge.com/en/news/255459141.md) - [zh-HK](https://longbridge.com/zh-HK/news/255459141.md) --- # Sinolong: Strait plans to reduce its holdings by no more than 1% According to the announcement from Zhitong Finance APP, Sinolong (301565.SZ) announced that its shareholder Strait Co., Ltd. (referred to as "Strait"), holding 10.750% of the shares, plans to reduce its holdings in the company through block trading within three months after 15 trading days from the date of the announcement, not exceeding 1% of the total share capital of the company, which is no more than 4,000,100 shares ### Related Stocks - [301565.CN](https://longbridge.com/en/quote/301565.CN.md) ## Related News & Research - [Nio to showcase ES9 chassis capabilities via live broadcast ahead of Q1 earnings release](https://longbridge.com/en/news/287022748.md) - [BYD Fang Cheng Bao hits 400,000 sales milestone despite production snags](https://longbridge.com/en/news/287011931.md) - [Fang Cheng Bao SUV delivery delays highlight BYD's manufacturing pressure amid tech transition](https://longbridge.com/en/news/286999045.md) - [Go Big or Go Home? Top Investor Weighs In On Cerebras Systems Stock](https://longbridge.com/en/news/287032625.md) - [IonQ (IONQ) Is Building the Real Deal in Quantum but at a Steep Price](https://longbridge.com/en/news/287035438.md)