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ArcSoft Technology: Shareholder Related New Industry intends to reduce its holdings of no more than 3% of the company's shares
Golden Ten Data reported on March 16 that Arcsoft Technology announced that the shareholder UBP New Industry plans to reduce the total number of shares of the company through block trading and centralized bidding in the next three months due to the need for capital arrangements, which will not exceed 12.0351 million shares, that is, no more than 3% of the company’s total share capital. The price of the reduction is determined by the market price.