---
title: "HODGEN: Xu Hongbin reduced his holdings by 0.11%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255192091.md"
description: "HODGEN announced that the share reduction plan disclosed by Vice Chairman and General Manager Xu Hongbin has been completed. He cumulatively reduced his holdings by 525,000 shares through competitive trading on June 16, 2025, June 17, 2025, and August 27, 2025, with average reduction prices of RMB 6.56/share, RMB 6.51/share, and RMB 8.29/share, accounting for 0.11% of the company's total share capital; after the reduction, he holds 1.575 million shares, accounting for 0.32%"
datetime: "2025-08-29T11:35:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255192091.md)
  - [en](https://longbridge.com/en/news/255192091.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255192091.md)
generator: "portal-rs"
---

# HODGEN: Xu Hongbin reduced his holdings by 0.11%

HODGEN announced that the share reduction plan disclosed by Vice Chairman and General Manager Xu Hongbin has been completed. He reduced his holdings by a total of 525,000 shares through competitive trading on June 16, 2025, June 17, 2025, and August 27, 2025, with average reduction prices of RMB 6.56/share, RMB 6.51/share, and RMB 8.29/share, accounting for 0.11% of the company's total share capital; after the reduction, he holds 1.575 million shares, accounting for 0.32%

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