China Rare Earth: Shareholder Guangsheng Holdings Plans to Reduce Stake by Up to 1%

English summary

China Rare Earth announced that shareholder Guangdong Guangsheng Holdings Group, holding 101 million shares (9.48% of total), plans to reduce up to 10.6122 million shares (1% of total) via centralized bidding within three months after 15 trading days, citing operational and capital needs, shares from administrative transfer.