--- title: "Zhejiang Medicine: State Investment High-Tech plans to reduce its holdings by no more than 1% of shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/258319664.md" description: "According to the Zhitong Finance APP, ZMC announced that Guotou High-Tech plans to reduce its holdings by no more than 9.6164 million shares, or no more than 1% of the company's total share capital, through centralized bidding trading within three months after the announcement date, starting from 15 trading days after the disclosure" datetime: "2025-09-22T09:49:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/258319664.md) - [en](https://longbridge.com/en/news/258319664.md) - [zh-HK](https://longbridge.com/zh-HK/news/258319664.md) --- # Zhejiang Medicine: State Investment High-Tech plans to reduce its holdings by no more than 1% of shares According to the Zhitong Finance APP, Zhejiang Medicine (600216.SH) announced that Guotou High-Tech plans to reduce its holdings by no more than 9.6164 million shares, or no more than 1% of the company's total share capital, through centralized bidding trading within three months after 15 trading days from the date of the announcement, based on its own operational development needs ### Related Stocks - [600216.CN](https://longbridge.com/en/quote/600216.CN.md) ## Related News & Research - [3 Gold-Rated Index Funds We Love Right Now](https://longbridge.com/en/news/286821241.md) - [BREAKINGVIEWS-China's outbound M&A spree has staying power](https://longbridge.com/en/news/286850954.md) - [Should You Be Adding Daewoong Pharmaceutical (KRX:069620) To Your Watchlist Today?](https://longbridge.com/en/news/286824214.md) - [NorthPalm Capital Launches as AI-Augmented Investment Company | SCYRF Stock News](https://longbridge.com/en/news/286914222.md) - [PRECIOUS-Gold falls more than 2% as Treasury yields, dollar weigh amid inflation concerns](https://longbridge.com/en/news/286943432.md)