---
title: "FANGYUAN: Minmetals Yuan Ding plans to reduce its holdings by no more than 3% of shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255484957.md"
description: "According to the Zhitong Finance APP, FANGYUAN announced that the company recently received a notice from its shareholder, Wukuang Yuanding, stating that due to business development needs, the shareholder plans to reduce its holdings of the company's shares by no more than 15.3052 million shares (not exceeding 3% of the company's total share capital) through centralized bidding or block trading based on market prices"
datetime: "2025-09-01T13:15:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255484957.md)
  - [en](https://longbridge.com/en/news/255484957.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255484957.md)
generator: "portal-rs"
---

# FANGYUAN: Minmetals Yuan Ding plans to reduce its holdings by no more than 3% of shares

According to the announcement from Zhitong Finance APP, FANGYUAN (688148.SH) has received a notice from its shareholder, Wukuang Yuanding, stating that due to business development needs, the shareholder plans to reduce its holdings in the company by no more than 15.3052 million shares (not exceeding 3% of the company's total share capital) through centralized bidding or block trading based on market prices

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