On June 3, Gelunhuang reported that Beijing Jingneng Thermal (002893.SZ) hit the limit down during trading, currently trading at 9.77 yuan, a total market value of less than 3 billion yuan after a consecutive 20% decline on ****. The news of the two major original shareholders' shareholding reduction caused a sharp drop in the stock price of Beijing Jingneng Thermal. On June 2, Beijing Jingneng Thermal announced a reduction in shareholding, and shareholders Chen Xiuming and Zhongshan Universal Investment plan to reduce their holdings of the company's shares by no more than 7.9092 million shares (3% of the total share capital) and no more than 2.6364 million shares (1% of the total share capital) respectively within three months. In the past few years, Chen Xiuming and Zhongshan Universal Investment have been relentlessly reducing their holdings.