On April 27th, Pinwo Food (300892. SZ) announced that its shareholder Wu Baigong, who holds more than 5% of the company’s shares, plans to reduce his total holdings of the company’s shares by no more than 2970111 shares, or 3% of the company’s total share capital, through centralized bidding trading and block trading within 3 months after the announcement of this reduction plan.
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