SRX(SH:605168) Zheng Quan Zhi Xing·2025-05-21 13:36Summary of Key Points Core Viewpoint - The announcement details a share reduction plan by a major shareholder of Sanrenxing Media Group Co., Ltd., indicating a need for liquidity and outlining the specifics of the planned share reduction [1][4]. Group 1: Shareholder Information - The shareholder, Tai'an Zhongxing Investment Partnership (Limited Partnership), holds 26,352,110 shares, representing 12.50% of the total shares of the company [1][2]. - The shares were acquired prior to the initial public offering (IPO) and through capital reserve conversion [1][2]. Group 2: Reduction Plan Details - The planned reduction involves selling up to 6,324,508 shares, which is no more than 3% of the total share capital [1][4]. - The reduction will occur through centralized bidding and block trading, with a maximum of 2,108,169 shares (approximately 2% of total shares) to be sold via centralized bidding [1][4]. - The reduction period is set from June 13, 2025, to September 12, 2025, with specific conditions regarding the timing and volume of sales [1][4]. Group 3: Reasons and Conditions - The primary reason for the share reduction is the shareholder's need for funds [1][4]. - The shareholder has committed to comply with relevant laws and regulations regarding the share reduction process [5][6].