重庆望变电气（集团）股份有限公司股东减持股份计划公告

Core Viewpoint - Chongqing Wangbian Electric (Group) Co., Ltd. announced a share reduction plan by major shareholders due to personal funding needs, which may impact the company's stock performance and investor sentiment [1][3]. Shareholder Reduction Details - Shareholder Yang Houqun holds 7,500,000 shares, accounting for 2.25% of the total share capital of 333,167,407 shares [2]. - Shareholder Qin Yong holds 5,400,000 shares, accounting for 1.62% of the total share capital [2]. - Shareholder Yang Xiaolin holds 1,730,000 shares, accounting for 0.52% of the total share capital [2]. Reduction Plan Specifics - Yang Houqun plans to reduce up to 1,107,844 shares through centralized bidding (0.33% of total shares) and up to 1,932,756 shares through block trading (0.58% of total shares) [3]. - Qin Yong plans to reduce up to 1,107,844 shares through centralized bidding (0.33% of total shares) and up to 4,292,156 shares through block trading (1.29% of total shares) [3]. - Yang Xiaolin plans to reduce up to 1,107,844 shares through centralized bidding (0.33% of total shares) and up to 422,156 shares through block trading (0.13% of total shares) [3]. Compliance and Commitments - The reduction will comply with legal regulations, and the shareholders have committed to not reducing more than 1% of total shares through centralized bidding and 2% through block trading within any 90-day period [3][9]. - The reduction price will not be lower than the company's initial public offering price, adjusted for any corporate actions [3][7]. Shareholder Intentions - The major shareholders have expressed a long-term positive outlook on the company's business and plan to adhere to relevant regulations regarding share reduction [6][8].