Huading Nylon(SH:601113) Zheng Quan Zhi Xing·2025-07-25 16:37Core Viewpoint - The report outlines the changes in equity ownership of Yiwu Huading Nylon Co., Ltd, specifically the reduction of voting rights held by the information disclosure obligor, Zhenai Group Co., Ltd, and its concerted actions [1][2]. Group 1: Equity Change Details - The equity change involves a reduction in the voting rights of 102,249,872 shares, which accounts for 9.26% of the total share capital of the company [9][10]. - As of the report's signing date, Zhenai Group holds 107,377,265 shares, representing 9.72% of the total share capital, while Yiwu Economic Development Co. holds 66,255,368 shares, representing 6.00% [7][17]. Group 2: Agreements and Legal Framework - The report is prepared in accordance with the Company Law of the People's Republic of China, the Securities Law, and the Regulations on the Management of Acquisitions of Listed Companies [1][2]. - Zhenai Group and Yiwu Economic Development Co. signed a termination agreement for the voting rights entrusted to Zhenai Group, effective from July 25, 2025 [10][12]. Group 3: Future Plans - Zhenai Group plans to subscribe for up to 25 million shares issued by the company in the future, pending approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission [8][17]. - There is a possibility that Yiwu Economic Development Co. may reduce its equity holdings in the next 12 months, provided it does not affect the control of the company [8][10].