---
title: "INNOVER TECH.: The controlling shareholder plans to reduce its holdings in the company by no more than 1% of the shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286089431.md"
description: "On May 12th, INNOVER TECH announced that its controlling shareholder and chairman, Shi Yimin, plans to reduce his holdings in the company by no more than 1.5 million shares through competitive bidding within three months after 15 trading days"
datetime: "2026-05-12T11:26:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286089431.md)
  - [en](https://longbridge.com/en/news/286089431.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286089431.md)
---

# INNOVER TECH.: The controlling shareholder plans to reduce its holdings in the company by no more than 1% of the shares

On May 12th, INNOVER TECH announced that its controlling shareholder and chairman, Shi Yimin, plans to reduce his holdings of the company's shares by no more than 1.5 million shares through competitive trading within three months after 15 trading days

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