Shijiazhuang Shangtai Technology (SZ:001301) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-07-31 23:13Core Viewpoint - The company, Shijiazhuang Shangtai Technology Co., Ltd., announced a share reduction plan by certain directors and senior management, which is compliant with relevant regulations and aimed at meeting personal funding needs [3][4][6]. Group 1: Shareholding Information - Director Qi Zhonghui holds 960,000 shares, representing 0.3696% of the total share capital after excluding repurchased shares [3]. - Supervisor Sun Yuejie holds 800,000 shares, representing 0.3080% of the total share capital after excluding repurchased shares [3]. - Supervisor Zuo Baozeng holds 792,000 shares, representing 0.3049% of the total share capital after excluding repurchased shares [3]. - Senior management Wang Huiguang holds 175,000 shares, representing 0.0674% of the total share capital after excluding repurchased shares [3]. Group 2: Reduction Plan Details - The total number of shares to be reduced is up to 681,750, accounting for no more than 0.2614% of the current total share capital of 260,837,350 shares [6][7]. - The reduction will occur through centralized bidding or block trading within three months after a 15 trading day notice period [7]. - The reason for the reduction is personal funding needs [6]. Group 3: Compliance and Commitments - The reduction plan complies with various laws and regulations, including the Securities Law of the People's Republic of China and the Shenzhen Stock Exchange rules [4][13]. - The involved shareholders have made commitments regarding share lock-up and reduction, ensuring adherence to the company's regulations and legal obligations [8][10]. - The shareholders have committed to not reducing their holdings within six months following the public offering, which is from December 28, 2023, to June 27, 2024 [12].