Swancor Advanced Materials (SH:688585) Zheng Quan Zhi Xing·2025-08-12 15:09Core Viewpoint - The report details the equity change of Shangwei New Materials Technology Co., Ltd., indicating that the controlling shareholder, Jinfeng Investment Holdings Co., Ltd., has reduced its stake to 5.00% through a series of transactions, primarily to meet its funding needs [1][3][5]. Group 1: Equity Change Details - Jinfeng Investment Holdings has reduced its shareholding from 21,752,455 shares (5.39%) to 20,168,087 shares (5.00%) [5][8]. - The reduction involved selling 1,584,368 shares through centralized bidding, representing a decrease of 0.39% of the total shares [5][8]. - The company plans to transfer an additional 17,767,266 shares (4.40%) to Shanghai Zhiyuan New Venture Capital Partnership, pending regulatory approval [5][6]. Group 2: Regulatory Compliance and Future Intentions - The equity change has been conducted in compliance with relevant laws and regulations, and necessary approvals have been obtained [4][6]. - Jinfeng Investment Holdings does not rule out the possibility of further increasing or decreasing its stake in the next 12 months [4][8]. - The report confirms that there are no other plans for shareholding changes outside of those disclosed [4][6].