Grace(SH:603256) Zheng Quan Zhi Xing·2025-07-14 16:28Summary of Key Points Core Viewpoint - The announcement details a share reduction plan by major shareholders SHARP TONE INTERNATIONAL LIMITED and UNICORN ACE LIMITED, who collectively hold 6.55% of the company's shares, due to funding needs [1][2]. Shareholder Holding Situation - As of the announcement date, SHARP TONE holds 28,805,220 shares (3.27% of total shares), and UNICORN ACE holds the same amount, totaling 57,610,440 shares [1][2]. Reduction Plan Details - The shareholders plan to reduce their holdings by up to 17,594,550 shares, representing 2% of the total share capital, through block trading within three months starting 15 trading days after the announcement [2][5]. - The reduction period is set from August 5, 2025, to November 5, 2025 [5]. Shareholder Identity and Compliance - Both SHARP TONE and UNICORN ACE are identified as concerted actors of the controlling shareholder, Yuan Yi International Limited, and comply with the reduction rules [2][4]. - The shareholders have committed to not transferring or managing their shares for 36 months post-listing and have specific conditions for extending the lock-up period [6][7]. Adjustments to Reduction Quantity - Any changes in share capital due to dividends, stock splits, or other corporate actions will lead to adjustments in the planned reduction quantity [2][5].