A-shares Movement | Tuo Ri New Energy drops 5%, hitting a new low in over half a month; Ao Xin Investment plans to reduce its holdings in the company by no more than 3%

Gelonghui February 26 | Tuori New Energy (002218.SZ) briefly fell 5.56% to 6.45 yuan during trading today, hitting a new low in over half a month since February 9. Tuori New Energy announced that its controlling shareholder, Shenzhen Aoxin Investment Development Co., Ltd., plans to reduce its holdings by no more than 42,249,004 shares within three months after 15 trading days from the announcement through centralized bidding and block trades, representing no more than 3% of the company’s total share capital after excluding shares repurchased in the dedicated securities account. (Gelonghui)

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