Kinwong(SH:603228) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-06-23 23:10Core Viewpoint - The announcement details a reduction in shareholding by the controlling shareholder and its concerted parties in Shenzhen Jingwang Electronics Co., Ltd., resulting in a decrease in their ownership percentage from 62.96% to 61.96% due to share sales and the conversion of convertible bonds [1][2]. Group 1: Shareholding Changes - The controlling shareholder Shenzhen Jinghong Yongtai Investment Holding Co., Ltd. and concerted parties reduced their holdings by 9.3493 million shares from June 16 to June 23, 2025 [1]. - The total number of shares converted from convertible bonds during the period from May 22 to June 23, 2025, was 283 shares, leading to passive dilution of the shareholding percentage [1]. Group 2: Compliance and Regulations - The shareholding change complies with relevant laws and regulations, including the Securities Law and the Management Measures for the Acquisition of Listed Companies, and does not trigger a mandatory bid or change the control of the company [2]. - The reduction in shareholding is part of a previously disclosed plan, consistent with earlier announcements made on May 22, 2025 [2].