Zheng Quan Zhi Xing·2025-07-02 16:25Core Viewpoint - Beijing Qianfang Technology Co., Ltd. has reduced its shareholding in Hangzhou Hongquan Internet of Things Technology Co., Ltd. from 14.80% to 13.66%, a decrease of 1.14% through block trading from June 24, 2025, to July 1, 2025 [1][3]. Group 1: Shareholding Changes - The total number of shares held by Beijing Qianfang Technology decreased from 1,495,236.9 shares to 1,380,146.9 shares [1][3]. - The reduction in shareholding does not trigger mandatory tender offer obligations and will not significantly impact the company's governance structure or future operations [3][4]. Group 2: Stock Incentive Plan - The company's total share capital increased from 100,640,920 shares to 101,043,920 shares due to the completion of the second vesting period of the 2022 restricted stock incentive plan [1][3]. - The shareholding percentages before and after the reduction are calculated based on the current total share capital of 101,043,920 shares [3].