--- title: "Kingsun Share: Ruizhong Life Insurance's reduction plan completed, with a total reduction of 14.2009 million shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/260462604.md" description: "Kingsun Share announced that the share reduction plan by Ruizhong Life has been completed, with a total reduction of 14.2009 million shares, accounting for 1% of the total share capital. The reduction period was from September 8, 2025, to September 30, 2025, with an average reduction price of 2.54 yuan/share. After the reduction, Ruizhong Life's shareholding decreased to 67.181062 million shares, accounting for 4.73%. This reduction complies with regulations, has not led to a change in the company's control, and does not affect ongoing operations" datetime: "2025-10-09T12:51:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/260462604.md) - [en](https://longbridge.com/en/news/260462604.md) - [zh-HK](https://longbridge.com/zh-HK/news/260462604.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/260462604.md) | [繁體中文](https://longbridge.com/zh-HK/news/260462604.md) # Kingsun Share: Ruizhong Life Insurance's reduction plan completed, with a total reduction of 14.2009 million shares In 2025, Dongguan Kingsun Optoelectronics Co., Ltd. disclosed a reduction plan by Ruizhong Life Insurance Co., Ltd., which intends to reduce its holdings by no more than 14,200,956 shares through centralized bidding within three months after fifteen trading days from the announcement date. Recently, the company received a notice stating that from September 8 to September 30, 2025, Ruizhong Life cumulatively reduced its holdings by 14.2009 million shares through centralized bidding, accounting for 1% of the total share capital, with an average reduction price of 2.54 yuan/share. After the reduction, Ruizhong Life's holdings decreased to 67.181062 million shares, accounting for 4.73%. This reduction complies with regulations, has not resulted in a change of control of the company, and does not affect its ongoing operations ### Related Stocks - [Kingsun Share (002638.CN)](https://longbridge.com/en/quote/002638.CN.md) ## Related News & Research - [Yeebo trims Nantong Jianghai stake to fund core display and AI growth](https://longbridge.com/en/news/276909323.md) - [00:06 ETHuawei Collaborates with GCC to Launch the AIDC Ecosystem Co-construction Initiative](https://longbridge.com/en/news/277563900.md) - [REG - Wellington Mngmnt Gp British Land Co PLC - Form 8.3 - The British Land Company plc](https://longbridge.com/en/news/277200382.md) - [09:13 ETHuawei Cloud Launches HCF Globally, Delivering Open, Simplified, and Resilient Hybrid Cloud](https://longbridge.com/en/news/277480987.md) - [07:15 ETSINEXCEL reconocido como fabricante de inversores de potencia de primer nivel según BloombergNEF](https://longbridge.com/en/news/276885425.md)