Shenyang Fortune Precision Equipment (SHA:688409) shareholder Taizhou Xiangpu Venture Capital Fund reduced its stake in the company to 10.66% from 11.80%.
The fund sold about 3.5 million of the precision equipment maker's shares between June 1 and June 9, according to a Wednesday filing with the Shenzhen bourse.
Shares of Shenyang Fortune Precision Equipment closed 6% higher Thursday.