Shang Hai Zheng Quan Bao·2025-08-04 19:01Core Viewpoint - Chengdu Hongqi Chain Co., Ltd. announced that its major shareholder, Yonghui Supermarket Co., Ltd., plans to reduce its stake in the company by up to 13,600,000 shares, representing no more than 1% of the total share capital [3][4]. Group 1: Shareholder Information - Yonghui Supermarket holds 135,829,500 shares in Hongqi Chain, accounting for 9.99% of the total share capital as of the announcement date [3][4]. - The reduction is motivated by Yonghui Supermarket's need for funds [4]. Group 2: Reduction Plan Details - The reduction will occur through centralized bidding and is set to take place within three months after a 15 trading day period following the announcement [5][6]. - The maximum number of shares to be reduced may be adjusted if there are changes in share capital, such as stock dividends or capital increases [4]. Group 3: Compliance and Commitments - Yonghui Supermarket has no outstanding commitments regarding share restrictions as of the announcement date [7]. - The reduction plan complies with relevant laws and regulations, and Yonghui Supermarket is not the controlling shareholder of Hongqi Chain, ensuring that the reduction will not significantly impact the company's governance or control structure [8].