Why did He Lei madly reduce its holdings of Bichuang Technology?

In order to cash out. 2065438+On June 9, 2007, Bichuang Technology successfully landed on the Growth Enterprise Market, and He Lei's shareholding ratio dropped to 2 1.79%. The restricted shares were lifted in July last year, and since August, He Lei has implemented its reduction plan. As of June 4th, this year, 65,438, He Lei * * * has reduced its holdings for 30 times, and * * * has reduced its holdings by 5.243 million shares, accounting for 5./kloc-0.4% of the total share capital and 94.35% of the outstanding shares, which is close to the top. According to the preliminary calculation of Changjiang Business Daily reporter, He Lei cashed in 654.38+33 billion yuan through 30 reductions.