WEIHONG(SZ:300508) Zheng Quan Zhi Xing·2025-08-12 09:10Core Viewpoint - The announcement details a change in the shareholding structure of Shanghai Weihong Electronic Technology Co., Ltd., specifically regarding the reduction in the shareholding percentage of its controlling shareholders and their concerted actors due to share reductions and stock incentive plans [1][2]. Summary by Sections Reason for Equity Change - Prior to the change, the controlling shareholders, Mr. Tang Tongkui, Mr. Zheng Zhikai, and Ms. Hu Xiaoqin, held 63,507,749 shares, accounting for 58.84% of the total share capital of 107,925,020 shares. Following the reduction of shares by Zheng and Hu, and the implementation of stock incentive plans, their shareholding decreased to 63,012,149 shares, representing 57.94% of the new total share capital of 108,761,280 shares [1][2]. Specifics of the Equity Change - During the period from June 27, 2025, to July 18, 2025, Zheng Zhikai and Hu Xiaoqin collectively reduced their holdings by 495,600 shares, which is 0.46% of the total share capital at that time. The reduction was part of a disclosed share reduction plan [1][2]. - The stock incentive plan for 2023 and 2024 resulted in a passive dilution of 0.45% of the total share capital [2]. Shareholding Details - The shareholding changes are as follows: - Zheng Zhikai: Reduced by 395,600 shares (0.37%) - Hu Xiaoqin: Reduced by 100,000 shares (0.09%) - Total reduction by the controlling shareholders: 495,600 shares (0.91%) [2][3].