Some shareholders and executives of Lontium plan to reduce their holdings in the company
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Lontium announced that due to funding needs, some shareholders and directors intend to reduce their holdings in the company. Sequoia Capital plans to reduce its holdings by no more than 1.5652 million shares (1.1739%), Hefei Zhong'an plans to reduce its holdings by no more than 722,600 shares (0.5420%), Chuzhou Zhong'an plans to reduce its holdings by no more than 298,700 shares (0.2240%), and Su Jin plans to reduce its holdings by no more than 80,000 shares (0.0600%). The reduction will take place within three months after the announcement is disclosed, within 15 trading days
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