A-shares movement丨Haixin Food drops over 4% as stock price hits approximately 4-month low

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Haixin Food (002702.SZ) fell 4.14% to 5.32 yuan in the afternoon, hitting a new low in about four months since November 26 of last year; the trading volume was 100 million yuan, with a latest market value of 2.957 billion yuan. Haixin Food announced that the controlling shareholder and actual controller, Teng Yongxiong, along with his concerted action partner Teng Yongyan, hold a total of 124 million shares, accounting for 22.55%. Due to personal funding needs, the two plan to reduce their holdings by no more than 5.4824 million shares through centralized bidding within 15 trading days after the announcement and over a continuous 90 calendar days, representing 1% of the total share capital of 548 million shares after excluding shares held in the repurchase special account. (Gelonghui)

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