--- title: "Xiangyang Auto: Xiangzhou Group has reduced its holdings by 1%" type: "News" locale: "en" url: "https://longbridge.com/en/news/261440091.md" description: "Xiangyang Auto announced that as of October 16, 2025, the shareholding reduction plan of the shareholder holding more than 5%, Xiangyang Bearing Investment Development Group Co., Ltd., has expired. During this period, it reduced its holdings by 4.5961 million shares through centralized bidding, with a reduction ratio of 1%, and an average reduction price of 17.01 yuan/share, within a price range of 16.5-17.39 yuan/share; after the reduction, it holds 78.563 million shares, accounting for 17.09%, a decrease of 1 percentage point from 18.09% before the reduction. This reduction is in line with the previously planned reduction of no more than 3%" datetime: "2025-10-16T12:01:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/261440091.md) - [en](https://longbridge.com/en/news/261440091.md) - [zh-HK](https://longbridge.com/zh-HK/news/261440091.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/261440091.md) | [繁體中文](https://longbridge.com/zh-HK/news/261440091.md) # Xiangyang Auto: Xiangzhou Group has reduced its holdings by 1% Xiangyang Auto announced that as of October 16, 2025, the shareholding reduction plan of the shareholder holding more than 5%, Xiangyang Auto Investment Development Group Co., Ltd., has expired. During this period, 4.5961 million shares were reduced through centralized bidding, accounting for a reduction ratio of 1%, with an average reduction price of RMB 17.01 per share, and a price range of RMB 16.5-17.39 per share. After the reduction, the shareholding is 78.563 million shares, accounting for 17.09%, a decrease of 1 percentage point from 18.09% before the reduction. This reduction is in line with the previously planned reduction of no more than 3% ### Related Stocks - [Xiangyang Auto (000678.CN)](https://longbridge.com/en/quote/000678.CN.md) ## Related News & Research - [Korea Zinc sees 17%-19% profit margin from planned U.S. smelter - chairman](https://longbridge.com/en/news/278835976.md) - [Report flags Africa as the fastest-growing solar market as investment surges](https://longbridge.com/en/news/279155592.md) - [SSY Gets China Nod for Production, Registration of Vitamin Injection](https://longbridge.com/en/news/279036594.md) - [CATL’s business is broadening, but EV batteries still drive profit](https://longbridge.com/en/news/278522630.md) - [Structure's obesity pill shows up to 16.3% weight loss in study](https://longbridge.com/en/news/279253062.md)