Core Points - The report indicates that Songbao Investment Co., Ltd. has reduced its shareholding in Chanzhan Optoelectronics (Xiamen) Co., Ltd. to below 5% [1][2] - The reduction in shareholding is attributed to the dilution of shares due to stock option exercises and the need for liquidity [3][4] Group 1: Shareholding Changes - Before the change, Songbao Investment held 11,504,507 shares, representing 6.5796% of the total shares [4] - After the reduction, the holding decreased to 8,819,707 shares, which is 4.9999% of the total shares [4][7] - The total share capital of the company increased from 174,851,419 shares to 176,396,112 shares due to stock incentives [4][7] Group 2: Reasons for Change - The primary reason for the shareholding change was the increase in total share capital due to stock option exercises and the need for Songbao Investment to liquidate some of its holdings [3][4] - The company plans to evaluate its shareholding strategy in the next 12 months based on market conditions and personal financial needs [3][7] Group 3: Compliance and Disclosure - The report complies with the relevant laws and regulations, including the Securities Law and the Management Measures for the Acquisition of Listed Companies [2][3] - Songbao Investment has confirmed that there are no undisclosed significant matters related to this shareholding change [5][8]
宸展光电: 简式权益变动报告书