---
title: "Sailvan Times shareholder Zhongteng Investment plans to reduce its holdings by no more than 3%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/257571993.md"
description: "According to the announcement from Zhitong Finance APP, Sailvan Times announced that its shareholder Qiongqing City Zhongteng Venture Capital Partnership (Limited Partnership) (referred to as \"Zhongteng Investment\") plans to reduce its holdings of the company's shares by no more than 12.1037 million shares, accounting for no more than 3% of the company's total share capital, within three months after fifteen trading days from the date of this announcement through centralized bidding and/or block trading"
datetime: "2025-09-16T13:49:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/257571993.md)
  - [en](https://longbridge.com/en/news/257571993.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/257571993.md)
---

# Sailvan Times shareholder Zhongteng Investment plans to reduce its holdings by no more than 3%

According to the announcement from Zhitong Finance APP, Sailvan Times (301381.SZ) announced that its shareholder Qiongqingcheng Zhongteng Venture Capital Partnership (Limited Partnership) (referred to as "Zhongteng Investment") plans to reduce its holdings of the company's shares by no more than 12.1037 million shares, accounting for no more than 3% of the company's total share capital, within three months after fifteen trading days from the date of this announcement through centralized bidding and/or block trading

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