---
title: "Union Precision: Shenzhen Capital Group and its concerted parties plan to reduce their holdings by no more than 3%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/257082024.md"
description: "Union Precision announced that Shenzhen Capital Group and its concerted parties plan to reduce their holdings by no more than 3%. The specific plan includes reducing no more than 1,602,400 shares (accounting for 1% of the total share capital) through centralized bidding, and reducing no more than 3,204,800 shares (accounting for 2% of the total share capital) through block trading. The reduction period is within 3 months after the announcement is disclosed, during 15 trading days"
datetime: "2025-09-12T10:28:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/257082024.md)
  - [en](https://longbridge.com/en/news/257082024.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/257082024.md)
---

# Union Precision: Shenzhen Capital Group and its concerted parties plan to reduce their holdings by no more than 3%

According to the Zhitong Finance APP, Union Precision (688210.SH) announced that Shenzhen Capital Group and its concerted action Talent No. 1 Fund plan to reduce their holdings in the company through centralized bidding, with a total of no more than 1.6024 million shares, accounting for no more than 1% of the company's total share capital; they also plan to reduce their holdings through block trading, with a total of no more than 3.2048 million shares, accounting for no more than 2% of the company's total share capital. The reduction period for the above shareholders will be within 3 months after 15 trading days from the date of the announcement

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