NWM(SH:603700) Zheng Quan Zhi Xing·2025-07-29 16:43Core Viewpoint - The announcement details an internal share transfer plan among the controlling shareholders and their concerted actors of Ningbo Water Meter (Group) Co., Ltd., which will not change the overall shareholding structure or control of the company [1][4]. Summary by Sections Shareholding Structure - As of the announcement date, the controlling shareholders and their concerted actors hold a total of 51,148,388 shares, accounting for 25.36% of the company's total share capital [1]. - Zhang Shihua, one of the controlling shareholders, directly holds 34,223,657 shares, representing 16.97% of the total share capital [1]. - Other significant shareholders include Zhang Lin (2.85%), Zhang Lei (2.11%), and the Shanghai Lanmo Investment Management Co., Ltd. - Lanmo Private Equity Fund No. 8, which holds 2,034,000 shares (1.01%) [1][2]. Internal Share Transfer Plan - The internal transfer involves the transfer of 2,034,000 shares from Lanmo No. 8 to Wu Xin and Yang Ming, who will become concerted actors of the controlling shareholders after the transfer [1][3]. - The transfer is planned to be executed through block trading and is scheduled to take place after a specified period following the announcement [1][3]. Purpose of the Transfer - The primary reason for the share transfer is family asset planning, indicating a strategic move within the family structure of the shareholders [3][4]. - The transfer does not involve any reduction in shareholding towards the market and is strictly an internal adjustment among concerted actors [3][4]. Compliance and Regulations - The transfer complies with relevant regulations, including the Interim Measures for the Administration of Shareholder Reduction of Listed Companies and the Shanghai Stock Exchange's self-regulatory guidelines [4]. - The company will ensure that shareholders adhere to legal and regulatory requirements during the transfer process [4].