--- title: "Kuangchi Science reduces its stake in KCT, realizing 186 million RMB" description: "Kuangchi Science announced that on December 2, it sold a total of 3.8937 million shares of KCT in the open market at an average price of 47.76 RMB per share, with a net amount of 186 million RMB, whic" type: "news" locale: "en" url: "https://longbridge.com/en/news/268290174.md" published_at: "2025-12-02T15:39:57.000Z" --- # Kuangchi Science reduces its stake in KCT, realizing 186 million RMB > Kuangchi Science announced that on December 2, it sold a total of 3.8937 million shares of KCT in the open market at an average price of 47.76 RMB per share, with a net amount of 186 million RMB, which will be used for refinancing and general working capital. The estimated proceeds from the sale are 30.3 million RMB. After completion, the group will continue to hold 40.7999 million shares of KCT KUANGCHI (00439.HK) announced that on December 2, it sold a total of 3.8937 million shares of KCT (002625.SZ) in the open market at an average price of RMB 47.76 per share, with a net amount of RMB 186 million, which will be used for refinancing and general working capital. The estimated proceeds from the sale are RMB 30.3 million. After completion, the group will continue to hold 40.7999 million shares of KCT ### Related Stocks - [02913.HK - HANG YICK RTS](https://longbridge.com/en/quote/02913.HK.md) - [00439.HK - GENESIS SCALE](https://longbridge.com/en/quote/00439.HK.md) - [002625.CN - KCT](https://longbridge.com/en/quote/002625.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | KuangChi Science Renames as Genesis Scale Holdings | KuangChi Science Renames as Genesis Scale Holdings | [Link](https://longbridge.com/en/news/271000832.md) | | Table-Non-competitive bids for U.S. 2-year notes | Feb 24 (Reuters) - Below are results from non-competitive bids on U.S. 2-Year Notes Security 2-year notes Issue Date Mar | [Link](https://longbridge.com/en/news/276771657.md) | | Olympics-IOC hails 'incredible' Milano Cortina Games despite string of obstacles | The Milano Cortina Games were hailed as a success by the IOC despite facing numerous challenges, including tight deadlin | [Link](https://longbridge.com/en/news/276534545.md) | | Sunshine Lake Pharma Wins NMPA Nod to Trial First China-Developed Nipah Virus Antibody | Sunshine Lake Pharma has received approval from China's Center for Drug Evaluation to begin clinical trials for HEC-648 | [Link](https://longbridge.com/en/news/276716153.md) | | 11:47 ETMyrias Optics Announces $2.1 Million Seed 1 Financing to Accelerate Commercialization of Wafer-Level Metaoptics | Myrias Optics has announced the closing of a $2.1 million Seed 1 financing round to accelerate the commercialization of | [Link](https://longbridge.com/en/news/276766793.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.