Kinwong(SH:603228) Zheng Quan Shi Bao Wang·2025-06-30 14:27Core Viewpoint - Jingwang Electronics (603228) has experienced significant stock price increases, achieving a cumulative rise of over 28% in the last three trading days, while its controlling shareholder has executed share reductions [2][4]. Group 1: Shareholder Actions - The controlling shareholder, Shenzhen Jinghong Yongtai Investment Holding Co., Ltd., and Zhichuang Investment Co., Ltd. have reduced their holdings by a total of 9.597 million shares from June 27 to June 30 [4]. - The shareholding ratio of the controlling shareholder and its concerted parties decreased from 61.96% to 60.93% due to the share reduction and the conversion of convertible bonds [4][6]. Group 2: Trading Details - On June 27, a block trade of 4.321 million shares was executed at a price of 33.01 yuan per share, representing a discount of 13.22% compared to the market closing price of 38.04 yuan per share [6]. - On June 30, another block trade of 5.276 million shares occurred at a price of 35.76 yuan per share, reflecting a discount of 14.53% compared to the market closing price of 41.84 yuan per share [6]. Group 3: Company Overview - Jingwang Electronics specializes in PCB (Printed Circuit Board) business and has seen its market capitalization reach 39.1 billion yuan due to recent market interest [7]. - The company is recognized as a national high-tech enterprise, focusing on the R&D, production, and sales of various types of PCBs, which are widely used in automotive, next-generation communication technologies, data centers, and AIoT applications [7].