Core Viewpoint - On September 11, a total of 26 A-share listed companies disclosed their shareholding reduction plans, indicating a trend of insider selling in the market [1][2]. Group 1: Company Buybacks - Baicheng Pharmaceutical's controlling shareholder adjusted the upper limit of its buyback plan to no more than 80 yuan per share [2]. Group 2: Company Reductions - Notable companies with planned reductions include: - Zhenghai Magnetic Materials: Directors Gao Bo and Shi Bingqiang plan to reduce their holdings [2]. - Youkede: The actual controller intends to transfer 5.13% of the company's shares at 19.74 yuan per share [2]. - Xinjun Network: Shanghai Senxiao Investment Center reduced its holdings by 1.6271 million shares [2]. - Haige Communication: Shareholder Yang Haizhou plans to reduce holdings by up to 3.5 million shares [2]. - Mind Electronics: Shareholder New大陆 plans to reduce holdings by no more than 1.2% of the company's shares [2]. - Tuoer Si: Shareholder plans to reduce holdings by no more than 0.5% of the company's shares [2]. - Youfang Technology: Some directors and supervisors plan to reduce holdings by no more than 1.3185% of the company's shares [2]. - Juguang Technology: Shareholder Yan Suibin's reduction plan has been completed [2]. - Zhiyuan New Energy: Controlling shareholder's concerted actor Wang Ran plans to reduce holdings by no more than 3% of the company's shares [2]. - Huatai Medical: Vice Chairman Cheng Zhenghui reduced holdings by 2.8203 million shares between September 3 and September 11 [2]. - Shanhaishan: Shareholders Dajiankang and Director Ren Yingxiang plan to reduce holdings by up to 4.08% of the company's shares [2]. - Wanxun Control: Shareholder Zunwei Trading plans to reduce holdings by no more than 2.5 million shares [2]. - Maijie Technology: Shareholder Zhang Meirong plans to reduce holdings by no more than 1% of the company's shares [2]. - Yinghuate: Shareholder Xie Lichuang plans to reduce holdings by no more than 1% of the company's shares [2]. - Jinpu Garden: Shareholder plans to reduce holdings by no more than 4.58% of the company's shares [2]. - Wenzhou Hongfeng: Controlling shareholder Chen Xiao plans to reduce holdings by no more than 12.5 million shares [2]. - Futec Technology: Shareholder Changjiang Weilai Industrial Fund plans to reduce holdings by no more than 3% of the company's shares [2]. - Huahai Chengke: Shareholder Yang Senmao plans to reduce holdings by no more than 3% of the company's shares [2]. - Yizhiming: Actual controller and concerted actors plan to reduce holdings by no more than 7.27 million shares [2]. - Zhongke Environmental Protection: Shareholder plans to reduce holdings by 1.2% of the company's shares [2]. - Zhongwen Online: Shareholder plans to reduce holdings by no more than 2% of the company's shares [2]. - Bidetech: Director and Deputy General Manager He Ming plans to reduce holdings by no more than 0.0466% of the company's shares [2]. - Jihua Group: Director and Vice Chairman Yang Quanming plans to reduce holdings by no more than 0.3% of the company's shares [2]. - Shengke Communication: National Integrated Circuit Industry Investment Fund has reduced holdings by 4.1 million shares [2]. - Suqian Liansheng: Fangyuan Zhihui plans to reduce holdings by no more than 3% of the company's shares [2]. - Jifeng Co., Ltd.: Shareholder Yu Wanli plans to reduce holdings by no more than 2% of the company's total share capital [2].

Group 1 - The company Zhenghai Magnetic Materials announced that shareholder and executive Gao Bo plans to reduce her holdings by up to approximately 298,000 shares, representing 0.0326% of the total share capital, within three months after a 15 trading day period from the announcement date [1] - Another shareholder and executive, Shi Bingqiang, intends to reduce his holdings by up to approximately 64,900 shares, which accounts for 0.0071% of the total share capital, also within the same timeframe [1] - The announcements indicate a potential shift in shareholder sentiment and may impact the stock's market performance [1]

Core Viewpoint - The company Zhenghai Magnetic Materials (300224) announced that two executives plan to reduce their shareholdings through centralized bidding or block trading, indicating potential changes in insider ownership and market sentiment [1] Group 1: Executive Share Reduction - The company's Vice President and CFO, Gao Bo, intends to reduce his holdings by up to 298,000 shares, which represents 0.0326% of the total share capital [1] - Another Vice President, Shi Bingqiang, plans to reduce his holdings by up to 64,900 shares, accounting for 0.0071% of the total share capital [1]

Group 1 - The company Zhenghai Magnetic Materials announced that as of September 11, 2025, there are only 3 trading days left until the trading of "Zhenghai Convertible Bonds" ceases on September 17, 2025 [2] - There are 6 trading days remaining until the conversion of "Zhenghai Convertible Bonds" stops on September 22, 2025 [2]

Group 1 - The company Zhenghai Magnetic Materials announced that its director, vice president, and CFO Gao Bo holds 1.1919 million shares and plans to reduce his holdings by no more than 298,000 shares between October 11, 2025, and January 10, 2026, through centralized bidding or block trading [1] - The company director and vice president Shi Bingqiang holds 259,700 shares and intends to reduce his holdings by no more than 64,915 shares during the same period using the same methods [1]

| 证券代码：300224 | 证券简称：正海磁材 | 公告编号：2025-08-04 | | --- | --- | --- | | 债券代码：123169 | 债券简称：正海转债 | | 烟台正海磁性材料股份有限公司 关于控股股东及其一致行动人 1 信息披露义务人 5 李志强 住所 山东省烟台市福山区****** 信息披露义务人 6 宋侃 住所 山东省烟台经济技术开发区****** 权益变动时间 2025 年 9 月 2 日至 2025 年 9 月 10 日 权益变动过程 因"正海转债"转股导致公司总股本增加至 914,093,518 股，公司控股股东及其一致行动人合计持股比例由 41.96% 被动稀释至 40.98%，触及 1%整数倍。 股票简称 正海磁材 股票代码 300224 变动方向 上升□ 下降 一致行动人 有 无□（注释） 是否为第一大股东或实际控制人 是 否□ 2.本次权益变动情况 股份种类（A 股、B 股等） 减持股数（股） 变动比例 A 股 0 被动稀释 0.98% 本次权益变动方式（可多选） 通过证券交易所的集中交易 □ 通过证券交易所的大宗交易 □ 其他 （可转债转股被动稀释） 本次 ...

2、持本公司股份 259,660 股（占公司总股本比例 0.0284%，占剔除公司回 购专用账户股份后的总股本比例 0.0286%）的股东、公司董事、副总裁史丙强先 生拟自本公告披露之日起 15 个交易日后的三个月内（窗口期不减持）以集中竞 价或大宗交易的方式减持本公司股份不超过 64,915 股（占公司总股本比例 0.0071%，占剔除公司回购专用账户股份后的总股本比例 0.0071%）。 烟台正海磁性材料股份有限公司（以下简称"公司"）于近日收到公司董事、 副总裁、财务总监兼董事会秘书高波女士，公司董事、副总裁史丙强先生出具的 《买卖本公司证券问询函》，公司董事会根据公司信息披露情况，回复上述人员 《有关买卖本公司证券问询的确认函》，同意其问询函中计划的交易。 | 证券代码：300224 | 证券简称：正海磁材 | 公告编号：2025-08-05 | | --- | --- | --- | | 债券代码：123169 | 债券简称：正海转债 | | 烟台正海磁性材料股份有限公司 关于部分董事、高级管理人员减持股份预披露公告 公司董事、副总裁、董事会秘书兼财务总监高波女士，公司董事、副总裁史 丙强先生保证向 ...

2025 年 9 月 16 日为"正海转债"最后一个交易日；当日"正海转债"简称 为"Z 海转债"；2025 年 9 月 16 日收市后"正海转债"将停止交易。 2、最后转股日：2025 年 9 月 19 日 | 证券代码：300224 | 证券简称：正海磁材 | 公告编号：2025-18-23 | | --- | --- | --- | | 债券代码：123169 | 债券简称：正海转债 | | 烟台正海磁性材料股份有限公司 关于正海转债赎回实施暨即将停止交易的重要提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 重要内容提示： 1、最后交易日：2025 年 9 月 16 日 2025 年 9 月 19 日收市前，持有"正海转债"的投资者仍可进行转股，2025 年 9 月 19 日收市后，未实施转股的"正海转债"将停止转股，剩余可转债将按 照 100.50 元/张的价格被强制赎回。若被强制赎回，投资者可能面临投资损失。 截至 2025 年 9 月 11 日收市后，距离 2025 年 9 月 17 日（"正海转债"停 止交易日）仅剩 3 个交易日；距 ...

Group 1 - The core point of the article is that Zhenghai Magnetic Materials announced the forced redemption of its convertible bonds, "Zhenghai Convertible Bonds," if not converted by September 19, 2025 [2] - After the redemption, the "Zhenghai Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [2] - Bondholders are advised to pay attention to the conversion deadline and to lift any pledges or freezes on their bonds before the conversion stops to avoid being forced to redeem [2]

| 证券代码：300224 | 证券简称：正海磁材 | 公告编号：2025-18-22 | | --- | --- | --- | | 债券代码：123169 | 债券简称：正海转债 | | 烟台正海磁性材料股份有限公司 关于提前赎回正海转债的第十三次提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、"正海转债"赎回价格：100.50 元/张（含当期应计利息，当期年利率为 0.60%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责任公司 深圳分公司（以下简称"中国结算"）核准的价格为准。 2、赎回条件满足日：2025 年 8 月 22 日 3、停止交易日：2025 年 9 月 17 日 11、根据安排，截至 2025 年 9 月 19 日收市后仍未转股的"正海转债"将被 强制赎回，本次赎回完成后，"正海转债"将在深圳证券交易所（以下简称"深 交所"）摘牌，特别提醒"正海转债"持有人注意在限期内转股。债券持有人持 有的"正海转债"如存在被质押或被冻结的，建议在停止转股日前解除质押或冻 结，以免出现因无法转股而被赎回的情形。 ...