NovelBeam Technology once fell over 7%, with its stock price dropping below the 40 yuan mark. Multiple shareholders plan to reduce their holdings

NovelBeam Technology's stock once fell over 7% during trading, with the share price dropping below the 40 yuan mark, and the total market value falling below 5 billion yuan. In terms of news, NovelBeam Technology announced a share reduction plan after the market closed yesterday. Shareholders Wang Fanghua, Zheng Jinlan, Qingdao Poda Enterprise Management Service Co., Ltd., Qingdao Jialite Enterprise Management Service Partnership, and Ma Min plan to reduce their holdings by no more than 1.2816 million shares, accounting for no more than 1.06% of the company's total share capital. It is reported that the company has cumulatively announced share reduction plans 4 times in the past three years