Longjiang Transportation fell more than 4%. Controlling shareholder Suiyong Holdings plans to reduce its shareholding by no more than 3% of the company's shares.
Longjiang Transportation fell 4.29% to 3.57 yuan in intraday trading today. Longjiang Transportation announced that the company plans to reduce its holdings of the company's shares by a total of no more than 39,476,357 shares, or no more than 3% of the company's total share capital, through centralized bidding and block trading. The reduction will be completed within three months after the disclosure of this announcement, starting from the 15th trading day after the disclosure.
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