Daqian(SH:603955) Zheng Quan Zhi Xing·2025-05-22 12:47Summary of Key Points Core Viewpoint - The major shareholder and senior management of Daqian Ecological Environment Group Co., Ltd. have announced a share reduction plan due to personal funding needs, which involves a significant number of shares being sold in the market [1][2][3]. Group 1: Shareholder Information - Anhui Xinhua Publishing (Group) Holding Co., Ltd. holds 13,572,000 shares, accounting for 10.0000% of the total share capital of the company [1][2]. - Vice President Wang Zheng'an holds 1,643,192 shares, representing 1.2107% of the total share capital [2][3]. Group 2: Reduction Plan Details - Xinhua Publishing Group plans to reduce its holdings by up to 4,071,600 shares, which is no more than 3% of the total share capital [1][2]. - The reduction will occur through two methods: up to 1,357,200 shares via centralized bidding (1% of total share capital) and up to 2,714,400 shares through block trading (2% of total share capital) [1][2]. - Wang Zheng'an plans to reduce his holdings by up to 410,798 shares, which is no more than 0.3027% of the total share capital [3]. Group 3: Implementation Timeline - The reduction plan will be implemented within three months starting from 15 trading days after the announcement date [1][2]. - The reduction period for Wang Zheng'an is from June 16, 2025, to September 15, 2025 [3]. Group 4: Reasons for Reduction - The primary reason for the share reduction is personal funding needs for both Xinhua Publishing Group and Wang Zheng'an [3]. Group 5: Compliance and Commitments - The reduction plan complies with relevant laws and regulations, including the Securities Law of the People's Republic of China and the Shanghai Stock Exchange's guidelines [6]. - The shareholders have made commitments regarding the reduction, including a lock-up period and prior notification requirements [3][4].