---
title: "Farsoon: The National Investment and Venture Capital Fund has cumulatively reduced its holdings in the company by 1.27%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228535700.md"
description: "Farsoon announced that the State Investment Venture Capital Fund reduced its holdings by 5.2547 million shares through centralized bidding and block trading during the reduction plan period, accounting for 1.27% of the total share capital. The reduction plan has expired"
datetime: "2025-02-17T09:22:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228535700.md)
  - [en](https://longbridge.com/en/news/228535700.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228535700.md)
generator: "portal-rs"
---

# Farsoon: The National Investment and Venture Capital Fund has cumulatively reduced its holdings in the company by 1.27%

According to the announcement from Zhitong Finance APP, Farsoon (688433.SH) stated that on February 17, 2025, the company received a notice from the National Investment Venture Capital Fund regarding the expiration of the share reduction plan and the results of the reduction, as well as a notice regarding the reduction of shares in Hunan Farsoon High-Tech Co., Ltd. and the change in equity reaching 1%. During this share reduction plan period, the National Investment Venture Capital Fund reduced its holdings by a total of 5.2547 million shares through centralized bidding and block trading, accounting for 1.27% of the company's current total share capital. The time for this share reduction plan has now expired

### Related Stocks

- [688433.CN](https://longbridge.com/en/quote/688433.CN.md)

## Related News & Research

- [Beauce Gold Fields locates historic mine shafts at Saint-Simon-les-Mines paleoplacer channel site](https://longbridge.com/en/news/296500881.md)
- [HM Exploration shares gain DTC eligibility for US trading on OTCQB](https://longbridge.com/en/news/296448374.md)
- [Bain-backed Dhoot Transmission jumps in India debut, valued at $2.5 billion](https://longbridge.com/en/news/296057696.md)
- [Howard Lutnick: US Govt Not Want Apple to Buy Memory Chips from CN](https://longbridge.com/en/news/296041149.md)
- [China says US transshipment report disregards facts](https://longbridge.com/en/news/296450742.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**