On December 25, Global Link reported that Sineng Electric (300827.SZ) saw a temporary drop of 10% during trading, currently at 44.2 yuan with the decline narrowing to 6.2%, reaching a new low in nearly two months, with the total market value falling below 16 billion yuan. The company announced a shareholding reduction last night, where Shareholders Li Jianfei, Yang Chunming, Duan Yuhe, and Chen Yunping intend to reduce their holdings by no more than 8.1836 million shares, accounting for no more than 2.29% of the company's total share capital. It is reported that the company has cumulatively announced shareholding reduction plans twice in the past three years. It should be noted that the number of shares intended for reduction disclosed in the announcement does not represent the final actual number of shares reduced. (Global Link)