Renhe Pharmaceutical Industry (000650.SZ) intends to reduce its holdings by up to 3 million shares.

Cnstock News APP, Renhe Pharmaceutical (000650.SZ) announced that its controlling shareholder Renhe (Group) Development Co., Ltd. plans to reduce its holdings of the company's shares by no more than 3 million shares through centralized bidding or block trading within 3 months after the date of the announcement, not exceeding 0.2143% of the company's total share capital, for its own development needs.