---
title: "QLPIPESINDUSTRY: QLPIPESINDUSTRY Holdings' Chen Jiaxing has reduced his holdings by 2.97%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262057103.md"
description: "QLPIPESINDUSTRY announced that its controlling shareholder Ningxia QLPIPESINDUSTRY Holdings Co., Ltd. and actual controller Chen Jiaxing will reduce their holdings by 9.9074 million shares through centralized bidding and block trading from July 28, 2025, to October 20, 2025, accounting for 2.97% of the total share capital. Among them, QLPIPESINDUSTRY Holdings reduced its holdings by 4.8419 million shares, and Chen Jiaxing reduced his holdings by 5.0655 million shares. After the reduction, the total shareholding will decrease to 88.4683 million shares, with a shareholding ratio of 26.53%"
datetime: "2025-10-21T12:28:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262057103.md)
  - [en](https://longbridge.com/en/news/262057103.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262057103.md)
---

# QLPIPESINDUSTRY: QLPIPESINDUSTRY Holdings' Chen Jiaxing has reduced his holdings by 2.97%

QLPIPESINDUSTRY announced that from July 28, 2025, to October 20, 2025, the controlling shareholder Ningxia QLPIPESINDUSTRY Holdings Co., Ltd. and the actual controller Chen Jiaxing will collectively reduce their holdings of the company's shares by 9.9074 million shares through centralized bidding and block trading, accounting for 3.00% of the total share capital after excluding repurchased shares, and 2.97% of the company's total share capital; among them, QLPIPESINDUSTRY Holdings reduced 4.8419 million shares, accounting for 1.47%, and Chen Jiaxing reduced 5.0655 million shares, accounting for 1.53%. The reduction plan has been completed, and their combined holdings have decreased to 88.4683 million shares, with a shareholding ratio of 26.53%

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