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China Gold announced that its shareholder CITIC Securities Investment Co., Ltd. plans to reduce its holdings by up to 13.9194 million shares, or no more than 0.83%, through centralized bidding. CITIC Securities Investment currently holds 0.83% of the company's shares, and the reduction period will be within 3 months after the announcement is made, starting from 15 trading days after the disclosure date. The reduction price will be determined according to the market price, and the amount of reduction may be adjusted if there are changes in the company's shareholding during the reduction period.
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