--- title: "XWXN: During the implementation period of the reduction plan, Ningbo Haicheng reduced its holdings of the company's shares by 4.5424 million shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/256355929.md" description: "XWXN announced that the company disclosed the shareholder share reduction plan on June 28, 2025. As of the date of this announcement, during the implementation period of the reduction plan, shareholder Ningbo Haicheng reduced its holdings of the company's shares by 4.5424 million shares, accounting for 0.90% of the company's total share capital. Some directors and senior management of the company indirectly hold shares of the company through Ningbo Haicheng" datetime: "2025-09-08T09:42:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/256355929.md) - [en](https://longbridge.com/en/news/256355929.md) - [zh-HK](https://longbridge.com/zh-HK/news/256355929.md) generator: "portal-rs" --- # XWXN: During the implementation period of the reduction plan, Ningbo Haicheng reduced its holdings of the company's shares by 4.5424 million shares XWXN announced that the company disclosed the shareholder share reduction plan on June 28, 2025. As of the date of this announcement, during the implementation period of the reduction plan, shareholder Ningbo Haicheng reduced its holdings by 4.5424 million shares through centralized bidding, accounting for 0.90% of the company's total share capital. Some directors and senior management of the company indirectly hold shares through Ningbo Haicheng ### Related Stocks - [688778.CN](https://longbridge.com/en/quote/688778.CN.md) ## Related News & Research - [CPCA sees China August NEV retail sales at about 1.04 million, penetration may hit record](https://longbridge.com/en/news/296629445.md) - [Chevy Is Giving Up On The Chinese Market](https://longbridge.com/en/news/296512049.md) - [VIMAB: Strong Q2 revenue growth and new battery contracts signal improving performance](https://longbridge.com/en/news/296577862.md) - [Sennheiser’s new Momentum 5 earbuds feature easily replaceable batteries](https://longbridge.com/en/news/296471045.md) - [Can Legacy Automakers Survive Without Exports?](https://longbridge.com/en/news/296408879.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**