Core Viewpoint - The shareholders of Wantong Hydraulic (830839.BJ) plan to reduce their holdings, with a total reduction not exceeding 1,133,750 shares, representing 0.95% of the company's total share capital [1][4]. Shareholder Reduction Plan - Shareholders including Kong Xiang'e, Wang Gang, and Wang Mengjun plan to reduce their holdings by up to 250,000 shares each, accounting for 0.21% of the total share capital [1]. - Other shareholders have varying reduction amounts, with the largest being 100,000 shares from Jing Chuanming (0.08% of total share capital) and the smallest being 10,000 shares from Su Jinjie (0.01% of total share capital) [1]. Shareholding Structure - As of the announcement date, Kong Xiang'e holds 16,102,500 shares (13.51%), Wang Gang holds 17,850,000 shares (14.97%), and Wang Mengjun holds 10,723,500 shares (9.00%) [2]. - Other shareholders include Jing Chuanming (450,000 shares, 0.38%), Su Jinjie (75,000 shares, 0.06%), and others with smaller holdings [2]. Control and Management - The reduction will not change the controlling shareholder or actual controller of the company, which is Wang Wanfa, who is married to Kong Xiang'e [4]. - Wang Gang and Wang Mengjun are siblings and also significant shareholders and management personnel [3][4]. Company Background - Wantong Hydraulic was listed on the Beijing Stock Exchange on November 9, 2020, with an initial issuance of 14 million shares at a price of 8.00 yuan per share [4]. - The total funds raised from the initial public offering amounted to 112 million yuan, with net proceeds of approximately 100.96 million yuan after expenses [4]. Future Financing Plans - The company plans to issue convertible bonds totaling up to 150 million yuan to supplement working capital, with a maturity of six years [6][7]. - The bonds will be offered to specific investors, including Pangu Intelligent, which plans to subscribe for at least 120 million yuan [7].
万通液压实控人方等拟减持 正拟发可转债募不超1.5亿