TongDa Cable(SZ:002560) Shang Hai Zheng Quan Bao·2025-08-04 18:38Core Viewpoint - The controlling shareholder and actual controller of Henan Tongda Cable Co., Ltd., Mr. Shi Wanfu, plans to reduce his shareholding by up to 15,714,982 shares, representing 3.00% of the company's total share capital, due to personal funding needs [5][9]. Group 1: Shareholder Information - Mr. Shi Wanfu holds 43,571,108 shares, accounting for 8.32% of the company's total share capital as of August 4, 2025 [3][4]. - There are no pledged or frozen shares held by Mr. Shi as of the announcement date [4]. Group 2: Reduction Plan Details - The reduction period is set from August 27, 2025, to November 26, 2025, which is 15 trading days after the announcement [6]. - The reduction will be executed through centralized bidding, block trading, or other legal methods, with the total number of shares reduced not exceeding 1% of the total shares through centralized bidding and 2% through block trading within three months [7]. - The selling price will be determined based on the market price at the time of reduction [7]. Group 3: Shareholder Commitments - Mr. Shi has made several commitments regarding shareholding, including a 36-month lock-up period post-IPO and restrictions on share transfers during his tenure as a director or senior management [8]. - As of the announcement date, Mr. Shi has complied with all previous commitments without any violations [9].