---
title: "Yinbang Clad: Shareholder Wuxi Xinbang Technology Co., Ltd. reduced its holdings by 1% of the company's shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248163516.md"
description: "Yinbang Clad announced that its shareholder holding more than 5%, Wuxi Xinbang Technology Co., Ltd., reduced its holdings by 8.219 million shares through centralized bidding, with an average reduction price of RMB 10.58 per share, accounting for a reduction ratio of 1%. After the reduction, Wuxi Xinbang Technology Co., Ltd. holds 115 million shares of the company, accounting for 14.02% of the total share capital. This reduction plan has been implemented in accordance with relevant regulations and will not lead to a change in the company's control"
datetime: "2025-07-11T11:50:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248163516.md)
  - [en](https://longbridge.com/en/news/248163516.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248163516.md)
generator: "portal-rs"
---

# Yinbang Clad: Shareholder Wuxi Xinbang Technology Co., Ltd. reduced its holdings by 1% of the company's shares

Yinbang Clad announced that its shareholder holding more than 5%, Wuxi Xinbang Technology Co., Ltd., has reduced its holdings by 8.219 million shares through centralized bidding, with an average reduction price of 10.58 yuan/share, accounting for a reduction ratio of 1%. After the reduction, Wuxi Xinbang Technology Co., Ltd. holds 115 million shares of the company, accounting for 14.02% of the total share capital. This reduction plan has been implemented in accordance with relevant regulations and will not lead to a change in the company's control

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