---
title: "Shareholders and executives of GGECO plan to reduce their holdings by no more than 3.85%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258710800.md"
description: "GGECO announced that shareholders Guo Zhi Guang, Tian Yi Chuang Tou, and board secretary Wang Shang Bo plan to reduce their holdings. Guo Zhi Guang intends to reduce no more than 914,500 shares (0.84%), Tian Yi Chuang Tou plans to reduce no more than 3,251,500 shares (3.0%), and Wang Shang Bo intends to reduce no more than 12,000 shares (0.01%). The reduction method will be a combination of centralized bidding and block trading, with the reduction periods being 15 trading days after the announcement and within three months after three trading days"
datetime: "2025-09-24T12:44:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258710800.md)
  - [en](https://longbridge.com/en/news/258710800.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258710800.md)
---

# Shareholders and executives of GGECO plan to reduce their holdings by no more than 3.85%

According to the announcement from GGECO (688776.SH), due to its own funding needs, shareholder Guozhiguang intends to reduce its holdings in the company through a combination of centralized bidding and block trading, with a total reduction not exceeding 914,500 shares, which is no more than 0.84% of the company's total share capital. The reduction period will be within three months starting from 15 trading days after the disclosure of this announcement.

Due to its own funding needs, shareholder Tianyi Venture Capital intends to reduce its holdings in the company through a combination of centralized bidding and block trading, with a total reduction not exceeding 3,251,500 shares, which is no more than 3.0% of the company's total share capital. The reduction period will be within three months starting from three trading days after the disclosure of this announcement.

Due to his own funding needs, the company's board secretary Mr. Wang Shangbo intends to reduce his holdings in the company through centralized bidding or block trading, with a total reduction not exceeding 12,000 shares, which is no more than 0.01% of the company's total share capital. The reduction period will be within three months starting from 15 trading days after the disclosure of this announcement

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