--- title: "SHM: CITIC FAMC and Zhongrong Life Insurance plan to collectively reduce their holdings of the company's shares by no more than 2.9094%" type: "News" locale: "en" url: "https://longbridge.com/en/news/248156902.md" description: "Sichuan SHM announced that the company's shareholders holding more than 5%, CITIC Financial Asset Management Co., Ltd. and Zhongrong Life Insurance Co., Ltd. - Traditional Product Plan, will each reduce their holdings by no more than 11.1061 million shares, accounting for a total of 2.9094% of the company's total share capital" datetime: "2025-07-11T11:26:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/248156902.md) - [en](https://longbridge.com/en/news/248156902.md) - [zh-HK](https://longbridge.com/zh-HK/news/248156902.md) generator: "portal-rs" --- # SHM: CITIC FAMC and Zhongrong Life Insurance plan to collectively reduce their holdings of the company's shares by no more than 2.9094% Sichuan SHM announced that its shareholders holding more than 5% of the shares, CITIC Financial Asset Management Co., Ltd. and Zhongrong Life Insurance Co., Ltd. - Traditional Product Plan, will reduce their holdings by no more than 11.1061 million shares, accounting for a total of 2.9094% of the company's total share capital ### Related Stocks - [02799.HK](https://longbridge.com/en/quote/02799.HK.md) - [000935.CN](https://longbridge.com/en/quote/000935.CN.md) ## Related News & Research - [Money Managers Turn Bullish On China Despite Mounting Economic Woes](https://longbridge.com/en/news/296554795.md) - [Sunshine Oilsands forms AI computing center joint venture; unit takes 40% stake](https://longbridge.com/en/news/296699151.md) - [Chery's robot unit Aimoga prepares for IPO, targets 10,000 deliveries next year](https://longbridge.com/en/news/296357521.md) - [Champion Real Estate Investment Trust: Rental and distributable income fell, but property values and liquidity remain robust](https://longbridge.com/en/news/296332233.md) - [Shanghai Seer Intelligent Technology (SEHK:6106) Stock Faces A Profitability Reality Check](https://longbridge.com/en/news/296350666.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**