CFT(SH:603685) Sou Hu Cai Jing·2025-08-09 21:09Summary of Key Points Core Viewpoint - The recent announcements regarding Chengfeng Technology (晨丰科技) indicate shareholder actions and financial guarantees that may impact the company's market perception and financial stability [2][3]. Group 1: Stock Performance - As of August 8, 2025, Chengfeng Technology's stock closed at 15.75 CNY, a slight increase of 0.06% from the previous week [1]. - The stock reached a high of 15.98 CNY and a low of 14.83 CNY during the week [1]. - The company's total market capitalization is currently 2.662 billion CNY, ranking 90th out of 93 in the optical optoelectronics sector and 4738th out of 5151 in the A-share market [1]. Group 2: Shareholder Actions - A major shareholder, Hangzhou Hongwo, which holds 12,514,700 shares (7.4% of total shares), announced a plan to reduce its holdings by up to 1,690,000 shares (1% of total shares) within three months after the announcement [2][4]. - The reduction will occur through centralized bidding on the stock exchange, with the selling price determined by market conditions [2]. Group 3: Financial Guarantees - Chengfeng Technology has provided a guarantee of up to 50 million CNY for its controlling subsidiary, Liaoning Shengfan, which is seeking a total credit line of up to 100 million CNY from a bank [3]. - As of the announcement date, the actual guarantee amount provided is 0 CNY, and there are no counter-guarantees involved [3]. - The total external guarantees provided by the company amount to 982.6 million CNY, which is 83.79% of the latest audited net assets [3].