Core Viewpoint - The major shareholder, New Fangzheng Holdings, plans to reduce its stake in Fangzheng Technology due to funding needs, with a total reduction of up to 94,511,991 shares, representing 2.27% of the company's total share capital [1][2][3] Shareholder Reduction Plan - As of July 15, 2025, New Fangzheng Holdings holds 94,511,991 shares, accounting for 2.27% of Fangzheng Technology's total share capital [1][2] - The total shares held by New Fangzheng Holdings and its concerted parties amount to 417,029,345 shares, which is 10.00% of the total share capital [2] - The reduction plan includes selling up to 41,702,900 shares through centralized bidding (1.00% of total share capital) and up to 52,809,091 shares through block trading (1.27% of total share capital) [1][2] - The reduction period is set from August 7, 2025, to November 6, 2025 [2][3] Reasons for Reduction - The primary reason for the reduction is the funding needs of New Fangzheng Holdings [2][3] - The shares to be reduced are sourced from the capital reserve of Fangzheng Technology, which will be used to offset debts [2]
方正科技: 方正科技股东减持股份计划公告