YBTI's shareholder Shanghai DePeng plans to reduce its holdings by no more than 3%
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According to the Zhitong Finance APP, YBTI announced that its shareholder Shanghai Depeng Industrial Co., Ltd. (referred to as Shanghai Depeng) plans to reduce its holdings by a total of no more than 7.08264 million shares through centralized bidding and/or block trading, which does not exceed 3% of the company's total share capital
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