Core Viewpoint - The actual controller of Jingda Co., Ltd. plans to reduce his shareholding due to personal financial needs, which may impact the company's stock performance and investor sentiment [1] Group 1: Shareholding Reduction Plan - The actual controller, Li Guangrong, intends to reduce his holdings by up to 64,300,000 shares, representing no more than 3% of the total share capital [1] - The reduction will occur through centralized bidding and block trading, with a maximum of 1% through centralized bidding and 2% through block trading [1] - The reduction period is set for three months starting from 15 trading days after the announcement, with no reductions during the window period [1] Group 2: Financial Implications - Based on the closing price of 10.55 yuan per share on October 16, 2025, the estimated amount from this reduction is approximately 678 million yuan [1] - As of the announcement date, Li Guangrong holds 83,333,333 shares, accounting for 3.88% of the total share capital [1] - Together with his associates, they hold a total of 199,333,390 shares, which is 9.27% of the total share capital [1] Group 3: Recent Fundraising Activities - Jingda Co., Ltd. plans to issue convertible bonds to raise up to 956 million yuan for various projects, including a 40,000-ton new energy copper-based electromagnetic wire project [2] - In the past five years, the company has raised funds twice, totaling 1.0845 billion yuan [3] - The company conducted a non-public stock issuance in 2022, raising 297.5 million yuan, which has been fully utilized by 2023 [4]

Core Viewpoint - Jingda Co., Ltd. (600577.SH) experienced a decline of 8.44%, closing at 9.66 yuan, with a total market capitalization of 20.76 billion yuan due to the announcement of a share reduction plan by its actual controller, Li Guangrong [1] Summary by Relevant Sections - **Share Reduction Plan** - Li Guangrong intends to reduce his holdings by up to 64.3 million shares, representing no more than 3% of the company's total share capital [1] - The reduction will occur through a combination of centralized bidding (up to 1% of total share capital) and block trading (up to 2% of total share capital) [1] - The reduction period is set for three months starting from 15 trading days after the announcement, with no reductions during the window period [1] - **Post-Reduction Holdings** - After the completion of the reduction plan, Li Guangrong and his concerted parties will see their combined shareholdings decrease from 199.33339 million shares to 135.03339 million shares [1] - This change will reduce their ownership percentage in the company from 9.27% to 6.28% of the total share capital [1]

Summary of Key Points Core Viewpoint - Multiple shareholders across various companies are planning to reduce their stakes, indicating potential shifts in ownership and market dynamics [1] Shareholder Reductions - Xiaoming Co., Ltd. shareholders Xiamen Chentu and its concerted parties plan to reduce their holdings by up to 2.97% [1] - Zhongdian Port shareholders Zhongdian Kunrun Fund and Zhongdian Development Fund intend to reduce their stakes by up to 1% [1] - Liao Ning Zhongde, Huzhou Yuntong, and Haitong Innovation, shareholders of Canxin Co., Ltd., plan to collectively reduce their holdings by no more than 324,790 shares [1] - Former controlling shareholder of Hangxin Technology, Liu Shaojian, plans to reduce his stake by up to 0.98% [1] - The actual controller of Jingda Co., Ltd., Li Guangrong, intends to reduce his holdings by no more than 3% [1] - Shareholders Wu Youcai and Guo Qinghui of Aonong Biological plan to collectively reduce their holdings by up to 894,000 shares [1] - Shareholders Shanghai Yundun and Shanghai Lanxiao of Action Education plan to collectively reduce their holdings by up to 2.3 million shares [1] - Shareholder Tong Yi Furong No. 16 of Yinlong Co., Ltd. plans to reduce their stake by up to 1.96% [1] - Donghua Software's director and general manager, Lv Bo, plans to reduce his holdings by no more than 1.519 million shares [1] Other Notable Events - Xin Sai Co., Ltd. announced that Xin Sai Trading has been declared bankrupt by the court [1] - Jinjia Co., Ltd. reported that 37.27 million shares held by Jinjia Chuangtou are subject to judicial auction [1]

Group 1 - The controlling shareholders of several companies, including Jingda Co., Xiaoming Co., and Shunbo Alloy, plan to reduce their holdings by up to 3%, 2.97%, and 2.08% respectively [1] - Hangxin Technology's original controlling shareholder intends to reduce their stake by up to 0.98% [1] - Jianlong Convertible Bond will not undergo a downward adjustment [1] Group 2 - A list of convertible bonds is provided, including their current prices, redemption prices, last trading dates, last conversion dates, conversion values, remaining scales, and the proportion of convertible bonds to the underlying stocks [2][5] - Notable convertible bonds include: - Sanyang Convertible Bond with a current price of 126.154 and a conversion value of 127.38 [2] - Zhongchen Convertible Bond with a current price of 135.377 and a conversion value of 135.93 [2] - Jinxing Convertible Bond with a current price of 183.788 and a conversion value of 185.55 [2]

Group 1 - The core point of the article is that Jingda Co., Ltd. announced a share reduction plan by its actual controller, Li Guangrong, due to personal funding needs [1] - As of the announcement date, Li Guangrong holds 83,333,333 shares, accounting for 3.88% of the total share capital of the company [1] - Li Guangrong and his concerted action parties, including Tehua Investment Holdings Co., Ltd. and Guangzhou Tehua Investment Management Co., Ltd., collectively hold 199,333,390 shares, representing 9.27% of the total share capital [1] Group 2 - Li Guangrong plans to reduce his shareholding by no more than 64,300,000 shares, which is up to 3% of the total share capital [1] - The reduction will be executed through centralized bidding and block trading, with a maximum of 1% through centralized bidding and 2% through block trading [1] - The reduction period is set for three months starting from 15 trading days after the announcement, with no reductions during the window period [1]

Core Insights - On October 16, no A-share listed companies disclosed any increase in shareholding, while 19 companies announced share reductions [1] Summary by Category Share Reduction Details - Debon Technology: The largest shareholder, the National Big Fund, reduced holdings by 1.5173 million shares [2] - Donghua Software: The director and general manager, Mu Bo, plans to reduce holdings by no more than 1.5192 million shares [2] - Yinlong Co., Ltd.: Proposed to reduce no more than 1.96% of the company's shares [2] - Action Education: Shareholders Shanghai Yundun and Shanghai Lanxiao plan to reduce no more than 1.9% of total share capital [2] - Jinchuan Group: China Railway plans to reduce no more than 3% of the company's shares [2] - YTO Express: Hangzhou Haoyue intends to transfer no more than 2% of the company's shares through block trading [2] - Jingda Co., Ltd.: The actual controller, Li Guangrong, plans to reduce no more than 3% of shares [2] - Demai Chemical: Chang Lianrong Investment reduced holdings by 5.6402 million shares from September 16 to October 16 [2] - Tongfu Microelectronics: The largest shareholder, Huada Group, plans to reduce no more than 1% of shares [2] - Canxin Co., Ltd.: Shareholders plan to reduce no more than 2.71% of the company's shares [2] - Legend Capital: Lihua Science and Technology plans to reduce no more than 3% of the company's shares [2] - Hangxin Technology: The original controlling shareholder plans to reduce no more than 0.98% of shares [2] - Taijia Co., Ltd.: Zhonglian Heavy Industry plans to reduce no more than 3% of the company's shares [2] - Shunbo Alloy: Shareholders plan to reduce no more than 2.08% of total share capital [2] - Shaolong Co., Ltd.: Shareholder Shenzhen Zhaowei plans to reduce no more than 3% of the company's shares [2] - Jingcheng Machinery: Directors and executives plan to reduce no more than 0.21% of total share capital [2] - Zhongdian Port: Shareholders plan to reduce no more than 1% of the company's shares [2] - Hongqi Chain: Yonghui Supermarket completed its reduction plan, cumulatively reducing 1% of total share capital [2] - Xiaoming Co., Ltd.: Shareholders plan to reduce no more than 2.97% of the company's shares [2]

Core Viewpoint - The controlling shareholder of Jingda Co., Ltd. (600577.SH), Mr. Li Guangrong, plans to reduce his stake in the company due to personal financial needs, with a maximum reduction of 64.3 million shares, representing up to 3% of the total share capital [1] Summary by Categories Share Reduction Plan - Mr. Li intends to reduce his holdings through centralized bidding and block trading methods, with a maximum of 1% of the total share capital through centralized bidding and up to 2% through block trading [1] - The reduction period is set for three months starting from 15 trading days after the announcement, with no reductions allowed during the window period [1]

精达股份（600577）(600577.SH)发布公告，公司实际控制人李光荣先生因个人资金需求，拟通过集中 竞价和大宗交易方式减持公司股份不超过6430万股，即不超过公司总股本的3%。 ...

智通财经APP讯， 精达股份(600577.SH)发布公告，公司实际控制人李光荣先生因个人资金需求，拟通 过集中竞价和大宗交易方式减持公司股份不超过6430万股，即不超过公司总股本的3%。 ...

Core Viewpoint - The controlling shareholder and actual controller of Jingda Co., Ltd., Li Guangrong, plans to reduce his shareholding due to personal funding needs, which may impact the company's stock performance and investor sentiment [1] Summary by Sections Shareholding Reduction Plan - Li Guangrong intends to reduce his holdings by up to 64.3 million shares, representing no more than 3% of the company's total share capital, from November 10, 2025, to February 9, 2026 [1] - The reduction will occur through two methods: a maximum of 21.4 million shares via centralized bidding and up to 42.9 million shares through block trading [1] - There is no set price range for the share reduction, which may lead to volatility in the stock price [1] Post-Reduction Shareholding - After the completion of the share reduction, Li Guangrong and his concerted parties' combined shareholding will decrease from 9.27% to 6.28% [1]