A-shares unusual movement | XinCe Standard drops 9% intraday, shareholder Li Shengping has reduced his holdings by 1%

Gelonghui March 9 | XinCe Standard (300938.SZ) briefly fell 9.05% to 35.88 yuan during trading today. XinCe Standard announced that the share reduction period for specific shareholder Li Shengping ends on December 8, 2025, to March 7, 2026. The original plan was to reduce no more than 6.739 million shares, accounting for 2.77%. During this period, he reduced 2.4337 million shares through centralized bidding at an average price of 35.81 yuan per share, representing a 1% reduction. Block trades were not executed. (Gelonghui)

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