Zhongfu Shenying Carbon Fiber (SH:688295) Zheng Quan Zhi Xing·2025-07-15 16:22Summary of Key Points Core Viewpoint - The announcement details a share reduction plan by a major shareholder, Lianyungang Industrial Investment Group Co., Ltd., due to its own funding needs, which may impact the company's stock performance in the short term [1][2]. Group 1: Shareholder Information - Lianyungang Industrial Investment Group holds 44,650,558 shares, representing 4.96% of the total share capital of Zhongfu Shenying Carbon Fiber Co., Ltd. [1][2] - The shares held by Lianyungang Industrial Investment Group were acquired before the company's initial public offering (IPO) and became tradable on December 25, 2023 [1][2]. Group 2: Reduction Plan Details - The shareholder plans to reduce its holdings by up to 9,000,000 shares, which is approximately 1% of the total shares, through centralized bidding from August 7, 2025, to November 6, 2025 [2][3]. - The reduction is contingent upon market conditions and may be adjusted if there are changes in the company's share structure, such as stock splits or capital increases [1][2]. Group 3: Compliance and Commitments - The shareholder has committed to comply with relevant laws and regulations regarding share reduction and has not previously reduced its holdings since the company went public [2][3]. - The company assures that the reduction plan aligns with prior commitments made during the IPO process and does not pose a risk of changing the company's control [3][4].