SUNYES(SZ:002388) Zheng Quan Zhi Xing·2025-08-07 13:17Core Viewpoint - Hunan Xiangcai New Materials Partnership has reduced its shareholding in Xinya Process (Zhejiang) Co., Ltd. to below 5%, completing its share reduction plan [1][4][5] Summary by Sections Shareholding Changes - Hunan Xiangcai held 25,534,800 shares, representing 4.999984% of the total share capital, thus no longer being a major shareholder [1][4] - The shareholding percentage decreased from 7.716895% to 4.999984% after a total reduction of 13,875,200 shares [3][4] Reduction Plan Implementation - The reduction plan was disclosed on May 10, 2025, allowing Hunan Xiangcai to reduce its holdings through various trading methods [4][5] - The reduction occurred between October 18, 2024, and August 5, 2025, with a total of 6,316,900 shares sold through concentrated bidding and block trading [2][3] Trading Details - The average selling price for shares sold through concentrated bidding was 4.43 yuan per share, while for block trading, it was 4.31 yuan per share [4] - The total shares reduced through concentrated bidding amounted to 5,106,900 shares, and through block trading, 2,451,400 shares [4] Impact on Governance - The change in shareholding will not significantly affect the company's governance structure or ongoing operations [5]