Kinwong(SH:603228) Zhong Guo Jing Ji Wang·2025-06-24 05:56Core Viewpoint - The significant reduction in shareholding by major shareholders of Jingwang Electronics has led to a decrease in their collective ownership percentage, triggering a notification of equity change [1][3]. Shareholding Changes - Major shareholders, including Shenzhen Jinghong Yongtai Investment Holdings Co., Ltd. and Zhichuang Investment Co., Ltd., reduced their holdings by a total of 9.3493 million shares from June 16 to June 23, 2025, resulting in a dilution of their ownership percentage from 62.96% to 61.96% [1][3]. - The total amount raised from the share reductions by these shareholders was approximately 29,749.70 million yuan [2]. Share Reduction Details - Shenzhen Jinghong Yongtai Investment Holdings Co., Ltd. sold 4.3758 million shares between June 18 and June 23, 2025, for approximately 13,875.66 million yuan at an average price of 31.71 yuan per share [2]. - Zhichuang Investment Co., Ltd. sold 4.6747 million shares from June 16 to June 20, 2025, for about 14,902.94 million yuan at an average price of 31.88 yuan per share [2]. - Individual shareholders Liu Shaobai and Huang Xiaofen also sold smaller amounts, contributing to the overall reduction [2]. Company Background - Jingwang Electronics was listed on the Shanghai Stock Exchange on January 6, 2017, with an initial issuance of 48 million shares at a price of 23.16 yuan per share, raising a total of 111,168.00 million yuan [3]. - The company has conducted multiple rounds of fundraising through convertible bonds, with total amounts raised in 2018, 2020, and 2023 being 97,800.00 million yuan, 178,000.00 million yuan, and 115,400.00 million yuan respectively [4][5].