---
title: "SILVERY DRAGON PRESTRESSED MATERIALS: Tongyi No. 16 plans to reduce its holdings of the company's shares by no more than 1.96%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261412270.md"
description: "Silvery Dragon Prestressed Materials announced that its controlling shareholder and actual controller, Xie Zhifeng, along with the concerted actor Shanghai Tongyi Investment Management Co., Ltd. — Tongyi Furong No. 16 Private Securities Investment Fund, plans to reduce its holdings by no more than 1.96% of the company's shares"
datetime: "2025-10-16T09:56:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261412270.md)
  - [en](https://longbridge.com/en/news/261412270.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261412270.md)
---

# SILVERY DRAGON PRESTRESSED MATERIALS: Tongyi No. 16 plans to reduce its holdings of the company's shares by no more than 1.96%

Silvery Dragon Prestressed Materials announced that its controlling shareholder and actual controller, Xie Zhifeng's concerted actor, Shanghai Tongyi Investment Management Co., Ltd. — Tongyi Furong No. 16 Private Securities Investment Fund, plans to reduce its holdings by no more than 1.96% of the company's shares

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