---
title: "Kingsignal: Shareholders plan to reduce their holdings by no more than 1% of the company's shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/257942491.md"
description: "Kingsignal announced that its shareholder holding more than 5%, Ganzhou Development, plans to reduce its holdings of the company's shares by no more than 6,621,538 shares, accounting for 1% of the company's total share capital, within 3 months after 15 trading days from the date of this announcement, through centralized bidding and block trading. The reason for the reduction is due to its own funding needs, and the shares are sourced from the agreement to acquire shares from Kingsignal's controlling shareholder Huang Changhua and the former concerted action person Zhang Tian"
datetime: "2025-09-18T13:57:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/257942491.md)
  - [en](https://longbridge.com/en/news/257942491.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/257942491.md)
---

# Kingsignal: Shareholders plan to reduce their holdings by no more than 1% of the company's shares

Kingsignal announced that its shareholder holding more than 5%, Ganzhou Development, plans to reduce its holdings of the company's shares by no more than 6,621,538 shares, accounting for 1% of the company's total share capital, within three months after 15 trading days from the date of this announcement, through centralized bidding and block trading. The reason for the reduction is due to its own funding needs, and the shares are sourced from the agreement to acquire shares from Kingsignal's controlling shareholder Huang Changhua and the original concerted actor Zhang Tian

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