Ningbo Sunrise(SZ:002937) Zheng Quan Zhi Xing·2025-08-10 08:15Core Viewpoint - The shareholders of Ningbo Xingrui Electronic Technology Co., Ltd. plan to reduce their holdings in the company, with specific details regarding the number of shares and the reasons for the reduction outlined in the announcement [1][2]. Shareholder Information - Shareholder Ruizhi Investment holds 21,080,800 shares, accounting for 7.08% of the total shares, and plans to reduce up to 2,000,000 shares, representing 0.6716% of the total share capital [1]. - Shareholder Hezhirui holds 26,302,149 shares, accounting for 8.83% of the total shares, and plans to reduce up to 2,970,000 shares, representing 0.9974% of the total share capital [1]. Reduction Plan Details - The reduction is primarily aimed at addressing the financial needs of some employees [1]. - The shares to be reduced are sourced from those acquired before the initial public offering, including any shares gained through rights distributions during the holding period [2]. - The reduction period is set to begin fifteen trading days after the announcement and will last for three months, subject to legal restrictions on share reductions [2]. - The reduction price will be determined based on market conditions and will not be lower than the initial public offering price [2]. Commitments and Compliance - Both Ruizhi Investment and Hezhirui have committed not to transfer or delegate the management of their shares prior to the issuance and have adhered to their commitments regarding shareholding intentions and reduction plans [3][4]. - The companies have also committed to not exceeding a 5% annual reduction of their total shareholdings in the two years following the lock-up period [4][5]. Legal Compliance - The reduction plan complies with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [6].