New Tide (301229.SZ) shareholders Ji Quan Yida and others plan to collectively bid to reduce their holdings by no more than 1% of shares.

Soozhuang Financial News APP reported that New Taige (301229.SZ) released an announcement that shareholders Jiquan Yida, Huai'an Yida, and Yangzhou Yida will reduce their total holdings of the company's shares by no more than 1% through centralized bidding and by no more than 2% through block trading.