---
title: "WMER's shareholder Wuxi Tianyi Xin plans to reduce its holdings by no more than 1% of the shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261752844.md"
description: "According to the Zhitong Finance APP, WMER announced that the company's controlling shareholder and actual controller, Mr. Shen Jianbiao's concerted actor, Wuxi Tianyixin Investment Co., Ltd., plans to reduce its holdings of the company's shares by no more than 3.55 million shares (accounting for 1.00% of the company's total share capital) through centralized bidding from November 10, 2025, to February 8, 2026"
datetime: "2025-10-19T08:21:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261752844.md)
  - [en](https://longbridge.com/en/news/261752844.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261752844.md)
---

# WMER's shareholder Wuxi Tianyi Xin plans to reduce its holdings by no more than 1% of the shares

According to the Zhitong Finance APP, WMER (002877.SZ) announced that Mr. Shen Jianbiao, the company's controlling shareholder and actual controller, along with his concerted action party Wuxi Tianyixin Investment Co., Ltd., plans to reduce their holdings in the company by no more than 3.55 million shares (accounting for 1.00% of the company's total share capital) through centralized bidding from November 10, 2025, to February 8, 2026

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