---
title: "SPG's controlling shareholder plans to reduce its holdings by no more than 1%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261895556.md"
description: "According to the Zhitong Finance APP, SPG has announced that it recently received a letter from its controlling shareholder, Shenzhen Investment Holdings Co., Ltd. (referred to as \"Shenzhen Investment Holdings\"), regarding the plan to reduce its holdings in SPG. Shenzhen Investment Holdings plans to reduce its holdings of the company's shares by no more than 10.1166 million shares (i.e., no more than 1% of the company's total share capital) through centralized bidding within three months after the announcement date, specifically from November 11, 2025, to February 10, 2026"
datetime: "2025-10-20T13:10:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261895556.md)
  - [en](https://longbridge.com/en/news/261895556.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261895556.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/261895556.md) | [繁體中文](https://longbridge.com/zh-HK/news/261895556.md)


# SPG's controlling shareholder plans to reduce its holdings by no more than 1%

According to the announcement from Zhitong Finance APP, SPG (000029.SZ) has recently received a letter from its controlling shareholder, Shenzhen Investment Holdings Co., Ltd. (referred to as "Shenzhen Investment"), regarding the plan to reduce its holdings in SPG. Shenzhen Investment plans to reduce its holdings in the company through centralized bidding within three months after the announcement date, starting from 15 trading days after the disclosure (i.e., from November 11, 2025, to February 10, 2026), with a total reduction not exceeding 10.1166 million shares (i.e., not exceeding 1% of the company's total share capital)

### Related Stocks

- [SPG (000029.CN)](https://longbridge.com/en/quote/000029.CN.md)

## Related News & Research

- [not without causing serious dissension](https://longbridge.com/en/news/278225282.md)
- [Beeline Launches Tokenized Fractional Home Equity Platform](https://longbridge.com/en/news/278888078.md)
- [S.F. Express units renew SF REIT logistics property leases worth RMB 694 million](https://longbridge.com/en/news/278893253.md)
- [China Feb EV battery installations drop 24.6% amid holiday lull](https://longbridge.com/en/news/278899435.md)
- [04:00 ETTARRAN lanza la primera bicicleta de cola larga hiperintegrada](https://longbridge.com/en/news/278842863.md)