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Bomin Electronics Shareholders Trim Stake; Shares Fall 3%

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Bomin Electronics (SHA:603936) controlling shareholders Xu Huan and Xie Xiaomei sold about 10.1 million shares through block trades and centralized bidding, according to a Wednesday filing with the Shanghai bourse.

The shares represented about 1.56% of the company's total share capital.

Following the reduction, Xu and Xie's shareholding ratio fell to 15.81% from 17.37%.

Company shares fell 3% during afternoon trading on Wednesday.

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