Qinshang Shares: Shareholder Ruizhong Life Insurance plans to reduce its stake in the company by no more than 1%

On March 30th, Qinshang Stock (002638. SZ) announced that shareholder Ruizhong Life Insurance plans to reduce its holdings of the company’s shares by no more than 14200956 shares through centralized bidding or block trading within three months after the announcement, which is no more than 1% of the total share capital after excluding the number of shares in the repurchase special securities account.

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