Summary of Key Points Core Viewpoint - Xu Huigong, a shareholder, plans to reduce his stake in the company by up to 23,131,800 shares, which is no more than 1% of the total share capital, for personal asset management and investment needs [2][4]. Group 1: Shareholder Information - As of the announcement date, Xu Huigong holds 116,824,114 shares, representing 5.05% of the company's total share capital [2][3]. - The shares were acquired through a private transfer from the company's actual controller and major shareholder in August 2022 [2][3]. Group 2: Reduction Plan Details - The planned reduction will occur through centralized bidding within 90 days after the announcement, starting from August 26, 2025, to November 23, 2025 [4]. - The reduction is contingent upon market conditions and the company's stock price, with the possibility of adjustments if there are corporate actions like stock splits or capital increases [4][6]. Group 3: Compliance and Other Arrangements - Xu Huigong has no other arrangements regarding the reduction and has not made prior commitments regarding his shareholding [5]. - The reduction plan will not lead to a change in the company's control or significantly impact its governance structure [6].
方大特钢科技股份有限公司持股5%以上股东减持股份计划公告