Breo Technology's Controlling Shareholder to Trim Stake; Shares Down 2%

marketscreener
2025.09.15 05:10
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(MT Newswires) -- Shenzhen Breo Technology's (SHA:688793) controlling shareholder, Wang Qiaoqing, plans to reduce holdings by up to 1% to fund personal needs, according to a Shanghai bourse filing on Saturday. Shares of the Chinese manufacturer of massage products slipped less than 2% during Monday's midday trade. Wang will divest 859,454 shares between Oct. 14, 2025, and Jan. 13, 2026, through centralized bidding. Wang currently owns 4,811,500 shares, or 5.6% of the company.