---
title: "TAM fell over 7% as shareholders reduced their holdings by 2.03 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229857978.md"
description: "TAM's stock price fell over 7%, closing at 8.2 yuan, with a total market value of 2.22 billion yuan. Huzhou Nanxun Zhongxing Industrial Development Co., Ltd. reduced its holdings by 2.03 million shares on February 26, 2025, accounting for 0.748822% of the company's total share capital, bringing its shareholding ratio down to 5.000085%. The company had previously planned to reduce its holdings by no more than 8.11 million shares between January 7, 2025, and April 6, 2025, and the reduction plan has not yet been fully implemented"
datetime: "2025-02-27T06:29:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229857978.md)
  - [en](https://longbridge.com/en/news/229857978.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229857978.md)
generator: "portal-rs"
---

# TAM fell over 7% as shareholders reduced their holdings by 2.03 million shares

TAM fell over 7% to HKD 8.2, with a total market value of HKD 2.22 billion. The company announced last night that Huzhou Nanxun Zhongxing Industrial Development Co., Ltd. plans to reduce its holdings of 2.03 million unrestricted tradable shares through centralized bidding on February 26, 2025, which accounts for 0.748822% of the company's total share capital. The shareholding ratio will decrease to 5.000085%. It is worth noting that according to the previously disclosed reduction plan, Nanxun Zhongxing intends to reduce its holdings by no more than 8.11 million shares through centralized bidding and block trading from January 7, 2025, to April 6, 2025. This reduction plan has not yet been fully implemented

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