HFM(SH:603011) Zheng Quan Zhi Xing·2025-07-06 10:16Summary of Key Points Core Viewpoint - Hefei Huoan Intelligent Manufacturing Co., Ltd. (the "Company") announced a share reduction plan by its major shareholder, Hefei Construction Investment Holding (Group) Co., Ltd. (the "Shareholder"), which holds 5.17% of the Company's total shares. The Shareholder plans to reduce its holdings by up to 1% of the total shares within a specified period through centralized bidding [1][5]. Shareholder Holding Information - As of the announcement date, the Shareholder holds 25,569,090 shares, representing 5.17% of the Company's total share capital [1]. - The shares held by the Shareholder were acquired prior to the IPO and through other means [1]. Reduction Plan Details - The Shareholder intends to reduce up to 4,944,144 shares, which is not more than 1% of the total share capital, within 90 days starting from 15 trading days after the announcement [1][3]. - The reduction will be executed through centralized bidding [3]. - The planned reduction period is from July 28, 2025, to October 25, 2025 [3]. Reason for Reduction - The Shareholder cites operational needs as the reason for the planned reduction [3]. Compliance and Commitments - The Shareholder has previously made commitments regarding shareholding and reduction, including a promise to sell at a price not lower than 120% of the latest audited net asset per share [3]. - The planned reduction aligns with previously disclosed commitments and complies with relevant laws and regulations [5].