Modren High-tech(SZ:300876) Zheng Quan Zhi Xing·2025-07-17 16:29Summary of Key Points Core Viewpoint - The announcement details the completion of a share reduction plan by specific shareholders and senior management of Guangdong Montai High-tech Fiber Co., Ltd, indicating a significant change in shareholding structure and compliance with regulatory requirements [1][5]. Shareholder Reduction Details - The shareholder Zizai Investment Management Partnership (Limited Partnership) reduced its holdings by a total of 2,859,400 shares, which accounts for approximately 2.9785% of the total share capital after excluding repurchased shares [1]. - The reduction occurred through two methods: 953,100 shares were sold via centralized bidding at an average price of 21.68, and 1,906,300 shares were sold through block trading [1]. - Senior management members Zhu Shaofen and Zheng Xiaoyi each reduced their holdings by 12,500 shares through centralized bidding, with average prices of 26.40 and 25.89 respectively [1]. Changes in Shareholding Proportions - Following the reduction, Zizai Investment's total shareholding decreased from 69.0417% to 68.7262%, triggering a change that touches the 1% integer threshold [2]. - After the reduction, Zizai Investment and its concerted actions hold a total of 65,507,300 shares, representing 68.7262% of the total share capital after excluding repurchased shares [2]. Compliance and Regulatory Adherence - The company confirmed that the share reduction plan was consistent with previously disclosed intentions and commitments, and no violations of securities laws or regulations occurred during the process [5]. - The announcement also reassured that the information provided by the shareholders and management was accurate and complete, with no misleading statements or significant omissions [1].