---
title: "BRILLIANCE TECH.: Shareholders holding more than 5%, Director Kang Lu has cumulatively reduced holdings by 970,700 shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263994195.md"
description: "BRILLIANCE TECH. announced that major shareholder and director Kang Lu, who holds more than 5% of the shares, will reduce his holdings by a total of 970,700 shares through centralized bidding and after-hours pricing transactions from October 24 to October 31, 2025. After the reduction, his shareholding will decrease from 36,309,150 shares to 35,338,450 shares, accounting for a decrease in the total share capital ratio from 12.1614% to 11.8363%. The change in equity ratio has reached an integer multiple of 1%, and the reduction plan has not yet been fully implemented"
datetime: "2025-11-03T10:47:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263994195.md)
  - [en](https://longbridge.com/en/news/263994195.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263994195.md)
---

# BRILLIANCE TECH.: Shareholders holding more than 5%, Director Kang Lu has cumulatively reduced holdings by 970,700 shares

BRILLIANCE TECH. announced that shareholder and director Kang Lu, who holds more than 5% of the shares, will reduce his holdings by a total of 970,700 shares through centralized bidding and after-hours pricing transactions from October 24 to October 31, 2025. After the reduction, his shareholding will decrease from 36,309,150 shares to 35,338,450 shares, accounting for a decrease in the total share capital ratio from 12.1614% to 11.8363%. The change in equity ratio has reached an integer multiple of 1%, and the reduction plan has not yet been fully implemented

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