Gelong Hui on November 26th, Xinchen Technology (300542.SZ) fell 6.35% to 12.8 yuan, with a total market capitalization of 3.85 billion yuan.
Recently, the company received a letter from Mr. Jiang Linhua, a shareholder with a shareholding of more than 5%, reducing its holdings of 303700 shares on November 24th. As of the 25th, the cumulative proportion of shares reduced by Mr. Jiang Linhua has exceeded 1%. The current reduction of more than half of the holdings means that share prices will be under pressure to reduce their holdings in the future.