SK(SH:688155) Zheng Quan Zhi Xing·2025-05-18 08:30Summary of Key Points Core Viewpoint - The announcement details the share reduction plans of major shareholders of Shanghai Xianhui Automation Technology Co., Ltd, specifically focusing on the shareholding structure and the reasons for the planned reductions due to personal funding needs [1][2][4]. Shareholder Holding Situation - As of the announcement date, Shanghai Jinghui Investment Partnership holds 2,590,000 shares, accounting for 2.07% of the total share capital. Together with its concerted actions, they hold a total of 59,637,528 shares, representing 47.69% of the total share capital [1][2]. - Shanghai Jinghui Investment and Shanghai Jinghui Investment Consulting hold 2,527,000 shares, which is 2.02% of the total share capital [1][3]. Reduction Plans - Jinghui Investment plans to reduce its holdings by up to 647,500 shares, which is 25% of its holdings and 0.52% of the total share capital, through centralized bidding and block trading within three months starting from fifteen trading days after the announcement [1][4]. - Jinghui Investment's reduction will be limited to a maximum of 1% of the total shares through centralized bidding and 2% through block trading over any consecutive 90-day period [1][4]. - Jinghui Investment has committed not to participate in this reduction, as confirmed by the controlling shareholders [1][2]. Additional Reduction Plans - Jinghui Investment Consulting plans to reduce its holdings by up to 631,750 shares, which is also 25% of its holdings and 0.51% of the total share capital, under similar conditions as Jinghui Investment [2][4]. - The reduction will also occur through centralized bidding and block trading, with the same limitations on the number of shares that can be reduced over specified periods [2][4]. Compliance and Commitments - Both shareholders have made commitments to comply with relevant regulations regarding share reductions, including adhering to the rules set by the China Securities Regulatory Commission and the Shanghai Stock Exchange [5][6]. - The shareholders have also agreed to specific conditions regarding the timing and manner of their share reductions to ensure compliance with legal requirements [5][6].