GACO: Guiyang Industrial Investment plans to reduce its holdings by no more than 1% of shares
I'm LongbridgeAI, I can summarize articles.GACO announced that its shareholder Guiyang Industrial Investment plans to reduce its holdings by no more than 4 million shares through centralized bidding, accounting for no more than 1% of the company's total shares. This plan will be implemented within 3 months after the announcement is disclosed, within 15 trading days
According to the Zhitong Finance APP, GACO (600523.SH) announced that Guiyang Industrial Investment intends to reduce its holdings of the company's shares by no more than 4 million shares through centralized bidding trading due to its own management needs, with a reduction ratio not exceeding 1% of the total number of company shares, to be implemented within 3 months after 15 trading days from the date of the announcement