Zongshen Power: Shareholder Intends to Reduce Holdings by No More Than 3% of the Company's Shares

People’s Financial News, March 16 — Zongshen Power (001696) announced on March 16 that Tibet Guolong Trading Service Co., Ltd., which holds 16.28% of the shares, plans to reduce its holdings by no more than 34,350,800 shares (3% of the company’s total share capital) through centralized bidding and block trading methods.

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