Exciton(SZ:300566) Zheng Quan Zhi Xing·2025-08-15 16:24Summary of Key Points Core Viewpoint - Ningbo Jizhi Technology Co., Ltd. announced a share reduction plan by its shareholder Ningbo Jiyang Investment Consulting Co., Ltd., which intends to reduce its holdings by up to 2,736,355 shares, representing no more than 1.05% of the company's total share capital [1]. Group 1: Shareholder Information - The shareholder, Ningbo Jiyang Investment Consulting Co., Ltd., holds 10,945,420 shares, accounting for 4.15% of the total shares and 4.21% of the total shares excluding the repurchased shares [1]. - The shares held by Jiyang Investment are classified as "unrestricted shares" [1]. Group 2: Share Reduction Plan Details - The reduction will occur within three months starting from September 8, 2025, through block trades and centralized bidding [1]. - The total number of shares that can be reduced through centralized bidding is limited to 1% of the company's total shares within any consecutive 90-day period [2]. Group 3: Shareholder Commitments - Jiyang Investment has made commitments regarding share transfers, including a limit of 25% of its total holdings per year and a notification requirement five trading days prior to any reduction [3]. - The company has adhered to these commitments as of the announcement date [3]. Group 4: Regulatory Compliance - The company is in compliance with relevant regulations and has not faced any significant financial distress, such as stock price declines or insufficient cash dividends [4]. - The board will ensure that Jiyang Investment follows legal and regulatory requirements during the implementation of the reduction plan [4].