Union Precision's actual controller and concerted parties plan to reduce their holdings by no more than 3% of shares
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Union Precision announced that its controlling shareholder Yang Hu and persons acting in concert plan to reduce their holdings by no more than 3% of the shares, specifically: Yang Hu plans to reduce his holdings by no more than 3.8057 million shares, accounting for 2.3750% of the total share capital; of which 3.2048 million shares will be reduced through block trading, and 600,900 shares will be reduced through centralized bidding; Pan Hai Tong Lian plans to reduce its holdings by no more than 1.0015 million shares, accounting for 0.6250% of the total share capital
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