--- title: "Chemspec shareholders reduced their holdings, and after the change in equity, their shareholding decreased to 5%" type: "News" locale: "en" url: "https://longbridge.com/en/news/260410893.md" description: "Shareholders of Chemspec, Wuxi Yunhui and its concerted party Xingyu Huitian, announced a change in equity, with their shareholding ratio reduced to 5%. On August 2, they disclosed a reduction plan, intending to reduce no more than 15,581,250 shares. From September 29 to 30, they reduced 4,901,669 shares through centralized bidding transactions, with a total shareholding of 30,870,419 shares before the change, accounting for 5.94%; after the change, the total shareholding is 25,968,750 shares, with the ratio reduced to 5%. This reduction does not affect the company's controlling rights, and the reduction plan has not yet been fully implemented" datetime: "2025-10-09T09:25:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/260410893.md) - [en](https://longbridge.com/en/news/260410893.md) - [zh-HK](https://longbridge.com/zh-HK/news/260410893.md) --- # Chemspec shareholders reduced their holdings, and after the change in equity, their shareholding decreased to 5% Shanghai Chemspec Technology Co., Ltd. announced the equity changes of shareholder Wuxi Yunhui and its concerted actor Xingyu Huitian. On August 2, the two disclosed a reduction plan, intending to reduce no more than 15,581,250 shares, accounting for 3% of the total share capital. From September 29 to 30, they reduced 4,901,669 shares through centralized bidding transactions, accounting for 0.94%. Before the change, the two held a total of 30,870,419 shares, accounting for 5.94%; after the change, the total shareholding decreased to 25,968,750 shares, with the proportion dropping to 5%, no longer being a shareholder with more than 5% ownership. This reduction does not trigger a tender offer and does not affect the company's controlling rights. The reduction plan has not yet been fully implemented, and the company will urge and disclose information in a timely manner ### Related Stocks - [688602.CN](https://longbridge.com/en/quote/688602.CN.md) ## Related News & Research - [Dunkin' To Give Away 1 Mln Free Coffees For A Day](https://longbridge.com/en/news/286964019.md) - [20:38 ETHyundai Bioscience Discloses XAFTY®'s IC50 Data for Ebola--"Secured Scientific Evidence for Immediate Treatment"](https://longbridge.com/en/news/287135394.md) - [PTA-DD: Warimpex Finanz- und Beteiligungs AG: Managers' transactions announcement according to article 19 MAR](https://longbridge.com/en/news/286901864.md) - [Valhalla Metals Announces Closing of First Tranche of Over-Subscribed Private Placement | VMXXF Stock News](https://longbridge.com/en/news/286904505.md) - [CEMATRIX Announces $4.1 Million in New Contract Awards | CTXXF Stock News](https://longbridge.com/en/news/287120486.md)