Linewell(SH:603636) Zheng Quan Zhi Xing·2025-06-20 13:26Summary of Key Points Core Viewpoint - The announcement details a share reduction plan by the controlling shareholder of Nanwei Software, Mr. Wu Zhixiong, due to personal funding needs, which may involve a total reduction of up to 11,607,210 shares, accounting for 2% of the company's total share capital [1][2]. Group 1: Shareholder Information - As of the announcement date, Mr. Wu Zhixiong holds 205,229,429 shares, representing 35.3624% of the total share capital of Nanwei Software [1][2]. - Mr. Wu Zhixiong and his associate, Ms. Xu Chunmei, collectively hold 205,239,827 shares, which is 35.3642% of the total share capital, all of which are tradable shares [1][2]. Group 2: Reduction Plan Details - The reduction plan allows for a maximum reduction of 11,607,210 shares, which is 2% of the total share capital [2]. - The reduction will be executed through two methods: a maximum of 5,803,605 shares via centralized bidding and another 5,803,605 shares through block trading, both within a 90-day period [1][2]. - The reduction period is set from July 14, 2025, to October 13, 2025 [2]. Group 3: Reasons and Conditions - The primary reason for the share reduction is Mr. Wu Zhixiong's personal funding needs [2]. - The plan is subject to adjustments if there are changes in the company's share structure, such as rights issues or stock dividends [1][2].