Xingye(SH:603928) Zhong Guo Jing Ji Wang·2025-08-06 06:46Core Viewpoint - The major shareholder of Xingye Co., Ltd. (603928.SH), Wang Jincheng, plans to reduce his stake in the company by up to 2,620,800 shares, representing no more than 1% of the total share capital, due to personal asset allocation needs [1][2]. Shareholder Reduction Plan - Shareholder Name: Wang Jincheng [2] - Planned Reduction Quantity: Up to 2,620,800 shares [2] - Planned Reduction Ratio: Up to 1% of total share capital [2] - Reduction Methods: Through centralized bidding and/or block trading [2] - Reduction Period: From August 27, 2025, to November 26, 2025 [2] - Source of Shares for Reduction: Shares acquired before the IPO, additional purchases in the secondary market, and shares obtained through capital reserve conversion [2] - Reason for Reduction: Personal asset allocation needs [2] Shareholding Structure - As of the announcement date, Wang Jincheng holds 7,193,940 shares, accounting for 2.74% of the total share capital [2]. - The company has multiple actual controllers, including Wang Jincheng's parents and other family members, collectively holding 67.97% of the shares [3]. Previous Share Reductions - Wang Jincheng has previously reduced his holdings since December 17, 2021, with a total reduction of 3,187,700 shares and cashing out approximately 29.52 million yuan [3][4]. - The average reduction prices and amounts for previous reductions are detailed, with the most recent reduction occurring at prices ranging from 11.40 to 18.28 yuan per share [4].