--- title: "WWXS: Xinggang Rongchuang plans to reduce its holdings by no more than 1% of shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/260772300.md" description: "According to the announcement from Shanghai WWXS, the company recently received a notice from its major shareholder Xinggang Rongchuang regarding the \"Share Reduction Plan.\" Due to the shareholder's own funding needs, Xinggang Rongchuang plans to reduce its shareholding by no more than 6.6546 million shares, or no more than 1% of the company's total share capital, within three months after the announcement is disclosed, starting 15 trading days later, through centralized bidding or block trading" datetime: "2025-10-12T08:32:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/260772300.md) - [en](https://longbridge.com/en/news/260772300.md) - [zh-HK](https://longbridge.com/zh-HK/news/260772300.md) --- # WWXS: Xinggang Rongchuang plans to reduce its holdings by no more than 1% of shares According to the announcement from Zhitong Finance APP, Shanghai Hejing (688584.SH) has recently received a notice from its major shareholder Xinggang Rongchuang regarding the "Share Reduction Plan." Due to the shareholder's own funding needs, Xinggang Rongchuang plans to reduce its shareholding by no more than 6.6546 million shares, or no more than 1% of the company's total share capital, within three months after the 15 trading days following the announcement ### Related Stocks - [688584.CN](https://longbridge.com/en/quote/688584.CN.md) ## Related News & Research - [Nio to showcase ES9 chassis capabilities via live broadcast ahead of Q1 earnings release](https://longbridge.com/en/news/287022748.md) - [INSTANT VIEW-SpaceX files long awaited IPO, creating a fresh AI play](https://longbridge.com/en/news/287124128.md) - [Why Is Oklo Stock Surging On Wednesday?](https://longbridge.com/en/news/287096677.md) - [Micron's stock gets a boost. Are Samsung's problems helping?](https://longbridge.com/en/news/287092903.md) - [Go Big or Go Home? Top Investor Weighs In On Cerebras Systems Stock](https://longbridge.com/en/news/287032625.md)