FHEC(SH:688362) Shang Hai Zheng Quan Bao·2025-03-17 18:52Core Viewpoint - The announcement details a change in the equity stake of a major shareholder, Zhongyi Ningbo Ecological Park Holding Group Co., Ltd., which has reduced its holdings in Yongxi Electronics (Ningbo) Co., Ltd. to below 5%, thus no longer being classified as a major shareholder [1][2]. Summary by Sections Shareholder Equity Change - The equity change is due to a reduction in shares held by Zhongyi Holding and passive dilution of equity, which does not trigger a mandatory takeover bid [1][4]. - After the equity change, Zhongyi Holding holds 20,420,620 shares, representing 5.00% of the company, down from 22,790,000 shares (5.59%) prior to the change [2][4]. Details of Share Reduction - From November 16 to November 17, 2023, Zhongyi Holding reduced its shares by 2,172,000 through block trading, decreasing its holding percentage by 0.53% [2]. - From January 17 to March 17, 2025, an additional reduction of 197,380 shares occurred through centralized bidding, further decreasing the holding percentage by 0.05% [2]. Passive Dilution - The company conducted an equity incentive issuance of 752,400 shares on June 14, 2024, increasing the total share count from 407,660,000 to 408,412,400, which passively diluted Zhongyi Holding's stake by 0.01% [4]. Other Relevant Information - The equity change does not involve any funding sources and is consistent with previously disclosed reduction plans, indicating no violations [4][5]. - The change will not significantly impact the company's governance structure or ongoing operations, and there will be no change in the controlling shareholder or actual controller [4].