---
title: "WANGSU's largest shareholder Chen Baozhen plans to reduce his holdings by no more than 0.5%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/246082387.md"
description: "According to the Zhitong Finance APP, WANGSU announced that its largest shareholder, Chen Baozhen, plans to reduce his holdings in the company by no more than 12,219,769 shares (accounting for 0.50% of the company's total share capital and 0.50% of the total share capital after excluding the shares repurchased in the special account) through centralized bidding and block trading from July 17, 2025, to October 16, 2025"
datetime: "2025-06-25T11:52:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/246082387.md)
  - [en](https://longbridge.com/en/news/246082387.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/246082387.md)
generator: "portal-rs"
---

# WANGSU's largest shareholder Chen Baozhen plans to reduce his holdings by no more than 0.5%

According to the Zhitong Finance APP, WANGSU (300017.SZ) announced that its largest shareholder, Chen Baozhen, plans to reduce his holdings in the company by no more than 12,219,769 shares (accounting for 0.50% of the company's total share capital and 0.50% of the total share capital after excluding the shares repurchased) through centralized bidding and block trading from July 17, 2025, to October 16, 2025

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