Kiwi Instruments(SH:688045) Zheng Quan Zhi Xing·2025-08-29 16:53Core Viewpoint - The announcement details a change in shareholder equity for Shenzhen Biyimi Microelectronics Co., Ltd., specifically regarding the reduction of shares by a major shareholder, Suzhou Fangguang Phase II Venture Capital Partnership, which has led to a passive dilution of its shareholding percentage without triggering a mandatory takeover bid [1][6]. Summary of Relevant Sections 1. Basic Information on the Equity Change - The equity change is due to the share reduction plan executed by the major shareholder, Suzhou Fangguang Phase II Venture Capital Partnership, and the completion of the company's equity incentive plan, resulting in an increase in total share capital [1]. - Following the equity change, Fangguang Phase II holds 6,983,800 shares, representing 10.00% of the total share capital, which touches the 5% integer multiple threshold [1]. 2. Details of the Shareholder - The information disclosing party is Suzhou Fangguang Phase II Venture Capital Partnership, established on July 29, 2016, with a registered capital of 1,366.39 million yuan [1]. - The partnership is involved in various investment activities, including venture capital and asset management [1]. 3. Specifics of the Equity Change - Fangguang Phase II reduced its shareholding by selling 159,200 shares at a price range of 48.07 to 51.25 yuan per share, which accounts for 0.23% of the total share capital [5]. - Prior to the reduction, Fangguang Phase II held 7,143,000 shares, representing 10.34% of the total share capital [5]. 4. Future Matters - The equity change will not result in a change of the company's controlling shareholder or actual controller [6]. - The shareholder's reduction is part of a previously disclosed share reduction plan, which remains incomplete as of the announcement date [6].