PRCO(SZ:002225) Zheng Quan Zhi Xing·2025-04-03 12:30Core Viewpoint - The company, Puyang Pina High Temperature Materials (Group) Co., Ltd., announced a share reduction plan involving five shareholders, which will not exceed 9,900,000 shares, accounting for 0.993% of the total share capital, excluding shares held in the company's repurchase account [1][2]. Shareholder Reduction Plan - The reduction period will commence 15 trading days after the announcement and will last for three months, adhering to legal window periods [1][2]. - The five shareholders involved in the reduction are Liu Baichun, Liu Baiqing, Liu Caili, Yan Ruiyan, and Yan Ruiming, with Liu Caili and Yan Ruiyan currently holding positions within the company [1][2]. - The specific reduction details include: - Liu Baichun: 6,892,629 shares (0.691%) - Liu Baiqing: 2,880,000 shares (0.289%) - Liu Caili: 85,464 shares (0.009%) - Yan Ruiyan: 20,000 shares (0.002%) - Yan Ruiming: 21,907 shares (0.002%) [2]. Shareholding Structure - The controlling shareholder, Liu Baikuan's family, holds a total of 258,392,067 shares, representing 25.57% of the company's total share capital [1]. - The detailed shareholding structure includes: - Liu Baikuan: 132,245,727 shares (13.088%) - Liu Baichun: 102,742,266 shares (10.168%) - Liu Baiqing: 11,370,695 shares (1.125%) - Other family members hold the remaining shares [1]. Compliance and Commitments - The company confirms that the reduction plan complies with relevant laws and regulations, including the Securities Law and Shenzhen Stock Exchange rules [3]. - The controlling shareholders have fulfilled their initial public offering shareholding commitments, which restrict them from transferring more than 25% of their total shares [2][3]. Impact on Company Operations - The planned share reduction will not lead to a change in the company's control and is not expected to affect its ongoing operations [4].