Springsnow Food (SH:605567) Xin Lang Cai Jing·2025-08-22 11:05Core Viewpoint - The announcement details the share reduction results of Spring Snow Food Group Co., Ltd., specifically regarding the actions taken by Yantai Tianzi Chunxue Equity Investment Center and its acting party, Yantai Tianzi Xuerui Equity Investment Center, in reducing their holdings [1]. Shareholding Situation Before Reduction - Before the reduction, Tianzi Chunxue held 4,135,000 shares, representing 2.07% of the total share capital, while Tianzi Xuerui held 9,960,000 shares, accounting for 4.98%. Together, they held a total of 14,095,000 shares, which is 7.05% of the total share capital, all acquired prior to the IPO [2]. Details of the Reduction Plan - On April 29, 2025, the company announced a reduction plan where Tianzi Chunxue and Tianzi Xuerui intended to reduce their holdings by a total of up to 2,000,000 shares (not exceeding 1% of total share capital) through centralized bidding from May 23 to August 22, 2025. Additionally, Tianzi Xuerui planned to reduce up to 4,000,000 shares (not exceeding 2% of total share capital) through block trading during the same period [3]. Results of the Reduction Plan - As of August 22, 2025, the reduction plan was completed: - Tianzi Chunxue reduced 850,000 shares through centralized bidding at a price range of 10.51 to 11.37 CNY per share, totaling 9,248,091.69 CNY. Post-reduction, its holdings decreased to 3,285,000 shares, or 1.64% of total share capital. - Tianzi Xuerui reduced 1,150,000 shares through centralized bidding and 4,000,000 shares through block trading at a price range of 9.59 to 11.00 CNY per share, totaling 51,152,340.17 CNY. After the reduction, its holdings were 4,810,000 shares, or 2.41% of total share capital. - The total reduction through centralized bidding was 2,000,000 shares (1% of total share capital), and Tianzi Xuerui's block trading accounted for 4,000,000 shares (2% of total share capital) [4]. Special Circumstances During the Reduction - On August 4, 2025, due to an oversight, Tianzi Xuerui mistakenly reduced 150,000 shares using Tianzi Chunxue's account through centralized bidding. However, since this amount did not exceed the disclosed total reduction limit and both parties are acting in concert, the overall reduction limit was adjusted accordingly, maintaining compliance with the regulations [5].