Guangzhou Wahlap Technology (SZ:301011) Zheng Quan Zhi Xing·2025-06-13 12:57Core Viewpoint - The announcement details the plan of a significant shareholder, Suqian Yangyou Enterprise Management Consulting Co., Ltd., to reduce its stake in Guangzhou Huali Technology Co., Ltd. by up to 1,216,800 shares, representing 0.83% of the total share capital, within a specified period due to personal funding needs [1][2]. Group 1: Shareholder Information - The shareholder, Yangyou Management, is associated with Mr. Su Yongyi, who holds 7,334,600 shares, accounting for 5.00% of the total share capital [1]. - The total shares held by Yangyou Management amount to 8,551,400, which is 5.83% of the total share capital [1]. Group 2: Reduction Plan Details - The planned reduction will occur through block trades and centralized bidding, with a maximum of 1,216,800 shares to be sold [2]. - The reduction period is set from July 7, 2025, to October 6, 2025, excluding any legally mandated blackout periods [2]. - The selling price will be determined based on the market price at the time of the sale [2]. Group 3: Compliance and Commitments - Yangyou Management has committed to not transferring or managing its shares for 12 months post-IPO and has adhered to this commitment without violations [3][4]. - The company will follow all relevant regulations regarding share reduction and will disclose any plans for further reductions in a timely manner [4].