Zhitong Finance App News, Fengzhan Holdings (01877.HK) issued an announcement. The company recently received the “Notice Letter on the Results of Junshi Biotech's Shareholding Reduction Results” issued by Shanghai Tanying. As of the disclosure date of this announcement, Shanghai Tanying's holdings reduction plan had expired. During the holdings reduction plan period, Shanghai Tanying reduced its holdings of the company's A shares by a total of 205.337 million shares through bulk transactions, accounting for 2% of the company's total share capital.

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