Shareholders plan to reduce their holdings, WEIGUANG continues to drop 7%, marking a 4-day decline

Zhitong
2025.05.26 06:29

WEIGUANG shares fell to 7% during the trading session, recording a four-day decline, currently priced at 31.79 yuan, with a total market value of 7.3 billion yuan. In terms of news, WEIGUANG announced a share reduction plan, stating that its shareholder Hangzhou WEIGUANG Investment Partnership intends to reduce its holdings by no more than 3 million shares, accounting for no more than 1.32% of the company's total share capital. It is important to note that the number of shares intended for reduction disclosed in the announcement does not represent the final actual number of shares reduced