Core Viewpoint - The announcement details the reduction of shareholding by the controlling shareholder of Chongqing Zaiseng Technology Co., Ltd., indicating a decrease in ownership that has reached a threshold of 1% [3][6][9] Group 1: Shareholding Information - Before the reduction plan, the controlling shareholder, Mr. Guo Mao, held 372,062,408 shares, accounting for 36.12% of the total share capital, while Ms. Guo Sihan held 2,100,000 shares, representing 0.20% [2] - Together, Mr. Guo and Ms. Guo held a total of 374,162,408 shares, which is 36.32% of the total share capital [2] Group 2: Reduction Plan Details - On September 27, 2025, the company announced a plan for Mr. Guo to reduce his holdings by up to 30,903,906 shares, or 3% of the total share capital, through centralized bidding and block trading [3][5] - As of November 28, 2025, Mr. Guo and Ms. Guo's total shareholding decreased from 360,550,008 shares to 343,404,008 shares, reducing their ownership percentage from 35% to 33.34% [3][6] Group 3: Implementation Results - The reduction plan was completed by November 28, 2025, with Mr. Guo reducing his shares by a total of 30,828,400 shares, which is a 2.99% reduction [3][6] - Following the completion of the reduction, Mr. Guo held 341,304,008 shares, representing 33.13% of the total share capital, while the combined holding with Ms. Guo was 343,404,008 shares, or 33.34% [3][6] Group 4: Compliance and Reporting - The reduction was in line with the previously disclosed plan and did not trigger a mandatory tender offer or change the control of the company [7][9] - The reduction plan was completed ahead of schedule due to the achievement of the planned reduction quantity [9]

重要内容提示： 控股股东持股的基本情况 | 证券代码：603601 | 证券简称：再升科技 | | 公告编号：临 | 2025-108 | | --- | --- | --- | --- | --- | | 债券代码：113657 | 债券简称：再 22 | 转债 | | | 重庆再升科技股份有限公司 关于控股股东及其一致行动人权益变动触及 1%刻度 暨减持股份结果公告 本公司董事会、全体董事及相关股东保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 本次权益变动情况 2025 年 9 月 27 日，公司披露了《重庆再升科技股份有限公司关于控股 股东减持股份计划公告》（公告编号：临 2025-083），郭茂先生计划通过集 中竞价及大宗交易的方式减持公司股份不超过 30,903,906 股，减持比例不 超过公司总股本的 3%。若减持期间公司发生送股、资本公积转增股本、增 发新股、股份回购、可转债转股等股份变动事项，上述减持股份数量将相 应进行调整。 截至 2025 年 11 月 28 日，郭茂先生及其一致行动人郭思含女士合计持 有股份数量从前次权益变动 ...

Core Points - The controlling shareholder, Mr. Guo Mao, has completed a share reduction plan as of November 28, 2025 [1] - During the share reduction period, Mr. Guo reduced his holdings by a total of 30,828,400 shares, representing a 2.99% decrease [1] - The combined shareholding of the controlling shareholder and their concerted parties decreased from 35.00% to 33.34%, triggering a change in equity that touches the 1% threshold [1]

Core Viewpoint - The controlling shareholder Guo Mao has completed a share reduction plan, selling a total of 30.8284 million shares, which represents a 2.99% reduction in ownership, amounting to 137 million yuan in total proceeds [1] Group 1 - The share reduction was executed through centralized bidding and block trading methods [1] - The share price during the reduction ranged from 4.08 to 5.03 yuan per share [1] - Following the reduction, Guo Mao and his concerted party, Guo Sihan, saw their combined shareholding decrease from 35% to 33.34% [1] Group 2 - The reduction plan was terminated early as the number of shares sold met the planned amount [1] - The original reduction plan was scheduled from October 28, 2025, to January 27, 2026 [1]

Core Viewpoint - The major shareholder of the company, Mr. Guo Mao, has completed a share reduction plan, selling a total of 30,828,400 shares, which represents a 2.99% reduction in his holdings [1] Summary by Relevant Sections - **Share Reduction Details** - Mr. Guo Mao executed the share reduction through centralized bidding and block trading methods [1] - The total shares held by Mr. Guo Mao after the reduction is 341,304,008 shares, accounting for 33.13% of the company's total share capital [1] - **Combined Holdings** - Together with his associate, Ms. Guo Sihan, they hold a total of 343,404,008 shares, which is 33.34% of the total share capital [1] - **Impact on Control** - The completion of this equity change does not alter the company's controlling shareholder or actual controller, and it does not trigger mandatory tender offer obligations [1]

Core Insights - On November 28, Zai Sheng Technology executed a block trade of 8.7 million shares, amounting to 37.41 million yuan, which represented 9.25% of the total trading volume for the day. The transaction price was 4.3 yuan, reflecting a discount of 15.02% compared to the market closing price of 5.06 yuan [1] Trading Details - The block trade on November 28 involved multiple transactions at a price of 4.3 yuan per share, with total transaction amounts varying from 1247.43 million yuan to 129 million yuan across different buying institutions [2][3] - The trading volume for the day was significant, with the highest individual transaction amounting to 290.1 million yuan, indicating strong institutional interest [3]

Market Overview - The glass and fiberglass sector increased by 0.59% compared to the previous trading day, with Zai Sheng Technology leading the gains [1] - The Shanghai Composite Index closed at 3888.6, up 0.34%, while the Shenzhen Component Index closed at 12984.08, up 0.85% [1] Stock Performance - Zai Sheng Technology (603601) closed at 5.06, up 6.30% with a trading volume of 736,000 shares and a turnover of 367 million yuan [1] - Sanxia New Material (600293) closed at 3.17, up 4.62% with a trading volume of 671,100 shares and a turnover of 212 million yuan [1] - Qibin Group (601636) closed at 6.10, up 2.18% with a trading volume of 774,000 shares and a turnover of 473 million yuan [1] - Other notable stocks include Kaisheng New Energy (600876) at 10.18, up 1.90%, and North Glass (002613) at 3.86, up 1.31% [1] Capital Flow - The glass and fiberglass sector saw a net inflow of 5.0468 million yuan from institutional investors, while retail investors contributed a net inflow of 68.8737 million yuan [2] - Conversely, speculative funds experienced a net outflow of 73.9205 million yuan [2] Individual Stock Capital Flow - Zhongcai Technology (002080) had a net inflow of 34.999 million yuan from institutional investors, while it faced a net outflow of 53.912 million yuan from speculative funds [3] - Zai Sheng Technology (603601) recorded a net inflow of 22.1793 million yuan from institutional investors, with a net outflow of 17.7831 million yuan from speculative funds [3] - Sanxia New Material (600293) saw a net inflow of 21.4818 million yuan from institutional investors, while retail investors had a net outflow of 26.2026 million yuan [3]

Core Viewpoint - Zaiseng Technology's stock rose by 5.04% on November 28, reaching a price of 5.00 CNY per share, with a trading volume of 1.59 billion CNY and a turnover rate of 3.15%, resulting in a total market capitalization of 5.151 billion CNY [1] Group 1: Company Overview - Zaiseng Technology Co., Ltd. is located in Yubei District, Chongqing, and was established on June 28, 2007, with its listing date on January 22, 2015 [1] - The company's main business involves the research, production, and sales of microfiber glass wool and its products [1] - The revenue composition of the main business includes: energy-efficient materials (51.74%), clean air materials (33.29%), dust-free air conditioning products (10.73%), and others (4.24%) [1] Group 2: Fund Holdings - Yongying Fund has a significant holding in Zaiseng Technology, with its fund "Yongying Hejia One-Year Holding Mixed A" (017220) holding 336,900 shares, accounting for 0.38% of the fund's net value, making it the largest holding [2] - The fund has generated an estimated floating profit of approximately 80,900 CNY today [2] - The fund was established on December 29, 2022, with a current scale of 258 million CNY, yielding 3.3% year-to-date, ranking 7022 out of 8127 in its category [2] Group 3: Fund Manager Performance - The fund manager of Yongying Hejia One-Year Holding Mixed A is Yuan Xu, who has been in the position for 1 year and 213 days [3] - The total asset scale of the fund is 5.266 billion CNY, with the best fund return during the tenure being 7.72% and the worst being -0.01% [3]

Group 1 - The core viewpoint of the news is that Zai Sheng Technology experienced a decline in stock price and trading volume, with significant financing and margin trading activities indicating high investor interest despite recent financial performance challenges [1][2]. Group 2 - On November 27, Zai Sheng Technology's stock fell by 1.24%, with a trading volume of 115 million yuan. The financing buy-in amounted to 10.57 million yuan, while the financing repayment was 10.29 million yuan, resulting in a net financing buy of 273,200 yuan. The total financing and margin trading balance reached 213 million yuan [1]. - The financing balance of Zai Sheng Technology is 213 million yuan, accounting for 4.34% of the circulating market value, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1]. - On the same day, Zai Sheng Technology had no shares repaid in margin trading, with 8,100 shares sold short, amounting to 38,600 yuan at the closing price. The margin trading balance was 170,900 yuan, exceeding the 80th percentile level over the past year, also indicating high activity [1]. Group 3 - As of September 30, the number of shareholders of Zai Sheng Technology increased to 57,600, a rise of 71.97%, while the average circulating shares per person decreased by 41.37% to 17,892 shares [2]. - For the period from January to September 2025, Zai Sheng Technology reported operating revenue of 985 million yuan, a year-on-year decrease of 10.11%, and a net profit attributable to shareholders of 81.25 million yuan, down 10.59% year-on-year [2]. Group 4 - Since its A-share listing, Zai Sheng Technology has distributed a total of 705 million yuan in dividends, with 169 million yuan distributed over the past three years [3]. - As of September 30, 2025, the top ten circulating shareholders of Zai Sheng Technology saw the exit of the Fuguo CSI 300 Index Enhanced A/B fund from the list [3].

Core Insights - On November 25, Zai Sheng Technology executed a block trade of 5.901 million shares, amounting to 24.0761 million yuan, which represented 13.7% of the total trading volume for that day [1] - The transaction price was 4.08 yuan, reflecting a discount of 13.01% compared to the market closing price of 4.69 yuan [1] Summary by Category Trading Activity - The block trade involved a total of 5.901 million shares at a price of 4.08 yuan per share [1] - The total transaction value was 24.0761 million yuan, accounting for 13.7% of the day's total trading volume [1] Price Comparison - The executed price of 4.08 yuan was 13.01% lower than the market closing price of 4.69 yuan [1]