Yinbang Stock (300337.SZ) Shareholder Wuxi Xinbang plans to collectively reduce its stake by no more than 3% of shares.

Financial news from Wise Money APP, YINBANG Corporation (300337.SZ) announced that the company shareholder Wuxi Xinbang Technology Co., Ltd. plans to reduce its holdings of the company's shares by no more than 24.6576 million shares through centralized competitive bidding and block trading, not exceeding 3% of the total share capital of the company.