---
title: "MENON: Shareholder Li Da plans to reduce his holdings by no more than 3% of the company's shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/237889100.md"
description: "MENON announced that shareholder Li Da plans to reduce his holdings by no more than 4.2235 million shares, accounting for 3% of the company's total share capital, within 3 months after 15 trading days from the date of the announcement. As of the announcement date, Li Da holds 3.64% of the company's shares. The reason for the reduction is personal funding needs, and the reduction price will not be lower than the company's issuance price"
datetime: "2025-04-28T14:50:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/237889100.md)
  - [en](https://longbridge.com/en/news/237889100.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/237889100.md)
---

# MENON: Shareholder Li Da plans to reduce his holdings by no more than 3% of the company's shares

MENON announced that shareholder Li Da plans to reduce his holdings by no more than 4.2235 million shares, accounting for 3% of the company's total share capital, within three months after 15 trading days from the date of the announcement. As of the announcement date, Li Da holds 3.64% of the company's shares. The reason for the reduction is personal funding needs, and the reduction price will not be lower than the company's issue price

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