LTH(SZ:000912) Shang Hai Zheng Quan Bao·2025-08-19 19:41Core Viewpoint - The announcement details a share reduction plan by a significant shareholder, China Agricultural Bank Co., Ltd. Ningxia Hui Autonomous Region Branch, which intends to reduce its holdings in Sichuan Lutianhua Co., Ltd. by up to 15.68 million shares, representing 1% of the company's total share capital [2][3][5]. Group 1: Shareholder Information - The major shareholder involved is China Agricultural Bank Co., Ltd. Sichuan Branch and its action partner, China Agricultural Bank Co., Ltd. Ningxia Hui Autonomous Region Branch [3]. Group 2: Reduction Plan Details - The reason for the reduction is stated as the operational needs of the shareholder [3]. - The planned reduction quantity is up to 15.68 million shares, which is 1% of the total share capital of the company [2][3]. - The method of reduction will be through centralized bidding on the stock exchange [4]. - The reduction period is set to begin 15 trading days after the announcement, lasting for three months [5]. - The reduction price will be based on market prices [6]. Group 3: Compliance and Governance - This is the first reduction by the shareholder, and no prior commitments have been made regarding share retention [6]. - The reduction plan complies with relevant laws and regulations, including the Securities Law of the People's Republic of China and the Shenzhen Stock Exchange rules [7]. - The implementation of this reduction plan will not lead to changes in the company's controlling shareholder or actual controller, ensuring stability in governance and ongoing operations [7][8].