Core Viewpoint - Ningbo Lianzhang Enterprise Management Partnership plans to reduce its holdings in Xuelong Group by up to 4.110645 million shares, representing no more than 1.95% of the total shares outstanding, due to personal funding needs of 43 partners [1] Summary by Relevant Sections Shareholder Reduction Details - As of the announcement date, Ningbo Lianzhang holds 7.86786 million shares of Xuelong Group, accounting for 3.73% of the total shares [2] - The shares were acquired before the company's IPO and through capital reserve conversion, and are all freely tradable [2] - The reduction plan includes a maximum of 2.1113 million shares through centralized bidding and 1.999345 million shares through block trading [2] - The reduction period is set from October 22, 2025, to January 21, 2026, with specific limits on the number of shares that can be sold within any 90-day period [2] Previous Reduction Commitments - Ningbo Lianzhang made several commitments regarding shareholding, including a 36-month lock-up period post-IPO and conditions for reducing holdings thereafter [3] - The commitments include a minimum selling price not lower than the issue price and a maximum of 25% of the total shares held at the end of the previous year can be sold annually [3] - The current reduction plan aligns with previous commitments made by Ningbo Lianzhang [3]

Group 1 - The core point of the article is that Xuelong Group (603949.SH) announced a share reduction plan initiated by Ningbo Lianzhang due to personal financial needs of its 43 partners [1] - Ningbo Lianzhang has never reduced its holdings since its establishment in August 2016 [1] - The planned reduction involves a maximum of 4.1106 million shares, which accounts for no more than 1.95% of the total shares of the company [1]

证券代码：603949 证券简称：雪龙集团 公告编号：2025-063 减持计划的主要内容 2025 年 9 月 22 日，公司收到宁波联展发来的《关于股份减持计划的告知 函》。宁波联展自 2016 年 8 月成立至今从未减持，现因 43 位合伙人个人资金需 求，拟减持其所持有的公司股份合计不超过 4,110,645 股，即不超过公司股份总 数的 1.95%。本次减持计划自本公告披露之日起 15 个交易日后的 3 个月内实施， 且在任意连续 90 日内，以集中竞价交易方式减持的股份数量不超过公司股份总 数的 1.00%；以大宗交易方式减持的股份数量不超过公司股份总数的 0.95%。 雪龙集团股份有限公司 5%以下股东减持股份计划公告 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。 重要内容提示： 股东持股的基本情况 截至本公告披露日，雪龙集团股份有限公司（以下简称"公司"）股东宁波联 展企业管理合伙企业（有限合伙）（以下简称"宁波联展"）持有公司股份 7,867,860 股，占公司股份总数的 3.73%。上述股份均为 ...

Group 1 - The core point of the article is that Ningbo Lianzhan Enterprise Management Partnership (Limited Partnership), a shareholder holding 3.73% of Xuelong Group, plans to reduce its stake by up to 4.1106 million shares, which represents no more than 1.95% of the total shares of the company [1] Group 2 - The announcement was made on September 22, indicating the timing of the planned share reduction [1] - The reduction in shares is significant as it may impact the market perception of Xuelong Group and its stock performance [1] - The total shares to be reduced are specified, providing clarity on the extent of the divestment [1]

Group 1 - The company announced that its shareholder, Ningbo Lianzhan Enterprise Management Partnership (Limited Partnership), plans to reduce its stake in the company by up to 4.11 million shares, which represents no more than 1.95% of the total share capital [1]

Group 1 - The core point of the article is that Xuelong Group (603949.SH) announced a share reduction plan initiated by Ningbo Lianzhang due to personal funding needs of its 43 partners [1] - Ningbo Lianzhang plans to reduce its holdings by up to 4,110,645 shares, which represents no more than 1.95% of the total shares of the company [1] - The reduction plan will be implemented within three months after the announcement, starting 15 trading days from the date of disclosure [1] Group 2 - The share reduction will be conducted through centralized bidding, with a maximum of 1.00% of the total shares being sold within any consecutive 90 days [1] - Additionally, a maximum of 0.95% of the total shares can be sold through block trading [1]

Group 1 - The company Snow Dragon Group announced that its shareholder Ningbo Lianzhang, holding 3.73% of shares, plans to reduce its stake by up to 4.1106 million shares, which represents 1.95% of the total shares [1] - The reduction will occur within three months starting from 15 trading days after the announcement, with a maximum of 2.1113 million shares to be sold through centralized bidding and 1.9993 million shares through block trading [1] - In any consecutive 90-day period, the shareholder will limit the centralized bidding reduction to no more than 1.00% and the block trading reduction to no more than 0.95% [1]

Company Overview - Xuelong Group is located in Beilun District, Ningbo, Zhejiang Province, established on February 4, 2002, and listed on March 10, 2020 [2] - The company specializes in the research, production, and sales of internal combustion engine cooling system products and lightweight plastic products for automobiles [2] - Main business revenue composition includes: clutch fan assembly 62.21%, fan assembly 22.10%, lightweight blow-molded products 8.90%, others 4.15%, and additional 2.64% [2] Financial Performance - For the first half of 2025, Xuelong Group achieved operating revenue of 212 million yuan, a year-on-year increase of 9.95% [2] - The net profit attributable to the parent company was 41.28 million yuan, representing a year-on-year growth of 26.00% [2] - Cumulative cash dividends since the A-share listing amount to 325 million yuan, with 154 million yuan distributed over the past three years [3] Stock Performance - As of September 22, Xuelong Group's stock price decreased by 2.02%, trading at 20.40 yuan per share, with a total market capitalization of 4.307 billion yuan [1] - Year-to-date, the stock price has increased by 71.57%, but it has declined by 9.21% over the last five trading days [1] - The company has appeared on the trading leaderboard 15 times this year, with the most recent appearance on May 27, where it recorded a net buy of 24.29 million yuan [1] Shareholder Information - As of June 30, the number of shareholders was 18,300, a decrease of 46.70% from the previous period [2] - The average circulating shares per person increased by 87.60% to 11,471 shares [2]

Summary of Key Points Core Viewpoint - The company held a half-year performance briefing on September 16, 2025, to discuss its financial results and future strategies with investors, highlighting significant growth in net profit and strategic initiatives in emerging markets [1][2]. Group 1: Performance Highlights - The company's net profit excluding non-recurring items increased by 47.36% year-on-year, significantly outpacing revenue growth, driven by strategic initiatives in traditional and emerging sectors [3]. - The core product, energy-saving and noise-reducing electric control silicone oil clutch fan assembly system, saw a 32% year-on-year increase in sales, surpassing industry averages, indicating strong market acceptance [3]. Group 2: Future Growth Areas - The company is focusing on the rapidly developing new energy sector, with self-developed low-voltage electric fan assembly products now capable of mass production and certified by major clients [4]. - The average value of low-voltage electric fan assemblies for new energy heavy trucks is 2-4 times higher than traditional fuel trucks, indicating significant market potential [4]. Group 3: Market Expansion and Capacity Utilization - The company has successfully established partnerships with global clients, including Caterpillar and Volvo, and is actively expanding its overseas market presence [7]. - Current production capacity utilization for electric control silicone oil clutches exceeds 100%, with ongoing construction of a new production base to alleviate capacity constraints [7].