Core Viewpoint - The announcement details a share reduction plan by a major shareholder, Tai'an Runyi Investment Partnership, due to personal funding needs, which may impact the company's stock performance and shareholder structure [1][2][3]. Shareholder Information - Tai'an Runyi holds 11,856,000 shares, representing 4.19% of the total share capital of Jiangsu Rongtai Industrial Co., Ltd. These shares were acquired before the company's initial public offering and became tradable on August 26, 2024 [1][2]. - The shareholder is part of a larger group that collectively holds 155,999,999 shares, accounting for 55.16% of the total shares, indicating a significant concentration of ownership [2]. Reduction Plan Details - The reduction plan allows for a maximum of 2,964,000 shares to be sold, which is 1.05% of the total share capital. The sales will occur over a three-month period starting 15 trading days after the announcement [1][2]. - The planned reduction includes up to 2,828,066 shares through centralized bidding and up to 2,964,000 shares through block trading [1][2]. Reasons for Reduction - The primary reason for the share reduction is the shareholder's personal funding needs [3]. Commitment and Restrictions - Tai'an Runyi has previously committed not to transfer or manage shares acquired before the IPO for 36 months post-listing, with extensions under certain conditions [3][4]. - Other directors and senior management associated with Tai'an Runyi have made similar commitments regarding their shareholdings [3][4]. Compliance and Monitoring - The reduction plan complies with relevant laws and regulations, and the company will monitor the progress of the plan, ensuring timely disclosures as required [5].
嵘泰股份: 嵘泰股份股东减持股份计划公告