On March 16th, United Precision (001268. SZ) announced that its shareholder Zheng Zixian, who holds more than 5% of the company’s shares, plans to reduce his holdings of no more than 1573575 shares, or 1.47% of the company’s total share capital, through centralized bidding trading, block trading, and other means within three months after the disclosure of the announcement, which is 15 trading days. The reason for reducing holdings is due to personal financial needs, and the reduction price will be determined based on market prices and not lower than the issue price.
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