SHAREATE(SH:688257) Zheng Quan Zhi Xing·2025-07-07 12:16Summary of Key Points Core Viewpoint - The announcement details a share reduction plan by senior management of Suzhou Xinyi Alloy Tool Co., Ltd., specifically by Mr. Liu Yong, due to personal financial needs, which will take place within three months after a 15 trading day notice period [1][2]. Group 1: Shareholding Information - As of the announcement date, Mr. Liu Yong holds 3,100,720 shares, representing 1.23% of the company's total share capital [2]. - The shares held by Mr. Liu Yong are all tradable and were acquired prior to the company's initial public offering (IPO) and through capital reserve conversion [1][2]. Group 2: Reduction Plan Details - Mr. Liu Yong plans to reduce his holdings by up to 750,000 shares, which is approximately 0.2971% of the total shares [2]. - The reduction will be executed through centralized bidding and is scheduled to occur from July 30, 2025, to October 29, 2025 [2]. - The reason for the reduction is stated as personal financial needs [2]. Group 3: Compliance and Commitments - Mr. Liu Yong has committed to not transferring shares acquired before the IPO and will not allow the company to repurchase these shares [3][4]. - The company confirms that the reduction plan aligns with previously disclosed commitments and does not involve any major shareholders or actual controllers reducing their shares [4].