--- title: "Longda: Guolian Chantuo plans to reduce its holdings by no more than 1% of shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/239829415.md" description: "According to the Zhitong Finance APP, Longda announced that Guolian Chantuo intends to reduce its holdings of the company's shares by no more than 2.4686 million shares, not exceeding 1% of the company's total share capital, due to its own operational needs through centralized bidding" datetime: "2025-05-12T11:28:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/239829415.md) - [en](https://longbridge.com/en/news/239829415.md) - [zh-HK](https://longbridge.com/zh-HK/news/239829415.md) generator: "portal-rs" --- # Longda: Guolian Chantuo plans to reduce its holdings by no more than 1% of shares According to the announcement from Longda (688231.SH), Guolian Chantuo plans to reduce its holdings of the company's shares by no more than 2.4686 million shares, which does not exceed 1% of the company's total share capital, due to its own operational needs ### Related Stocks - [688231.CN](https://longbridge.com/en/quote/688231.CN.md) ## Related News & Research - [The Treasury's bond-market intervention isn't working. So what comes next?](https://longbridge.com/en/news/296702361.md) - [CMOC Group Declares Interim Dividend and Details Tax Arrangements for H Shareholders](https://longbridge.com/en/news/296383667.md) - [Flash Sports & Media faces Nasdaq trading suspension over listing rule breach](https://longbridge.com/en/news/296655108.md) - [US Treasury Secretary Bessent to hold press conference on Iran on Monday](https://longbridge.com/en/news/296511454.md) - [Trump issues 'unprecedented' threat to Iran — and any nation that helps the regime](https://longbridge.com/en/news/296486008.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**