---
title: "RAYHOO MOTOR DIES: Chery Technology plans to reduce its holdings by no more than 3%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/256147632.md"
description: "According to the Zhitong Finance APP, RAYHOO MOTOR DIES announced that its shareholder Wuhu Chery Technology Co., Ltd. (referred to as \"Chery Technology\"), which holds 12.90% of the shares, plans to reduce its holdings of the company's shares by no more than 6.2796 million shares (accounting for 3% of the company's total share capital) through centralized bidding or block trading within 3 months after the announcement date, starting from 15 trading days after the announcement"
datetime: "2025-09-05T13:12:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/256147632.md)
  - [en](https://longbridge.com/en/news/256147632.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/256147632.md)
---

# RAYHOO MOTOR DIES: Chery Technology plans to reduce its holdings by no more than 3%

According to the announcement from RAYHOO MOTOR DIES (002997.SZ), its shareholder Wuhu Chery Technology Co., Ltd. (referred to as "Chery Technology"), which holds 12.90% of the shares, plans to reduce its holdings of the company's shares by no more than 6.2796 million shares (accounting for 3% of the company's total share capital) through centralized bidding or block trading within three months after the announcement date, starting from 15 trading days thereafter

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