Guangbo(SZ:002103) Zheng Quan Zhi Xing·2025-08-29 17:46Core Viewpoint - The announcement details the completion of a share reduction plan by a major shareholder of Guangbo Group Co., Ltd., indicating a significant decrease in their ownership percentage and the method of reduction through block trading [1][2]. Shareholder Reduction Plan - The major shareholder, Ren Hangzhong, planned to reduce his holdings by up to 10.54 million shares, representing 1.97% of the total share capital, between May 29, 2025, and August 28, 2025 [1]. - As of June 30, 2025, Ren Hangzhong had reduced his holdings to 9.99999% of the total share capital [1]. - Further reductions occurred on August 6 and August 26, 2025, totaling 5,342,800 shares, bringing his total holdings to 48,084,432 shares, or 8.99997% of the total share capital [1]. Transaction Details - The total shares reduced during the plan amounted to 1,053.72 million shares, which is approximately 1.97225% of the total share capital [2]. - The average price per share during the block trades varied, with specific transactions recorded at prices such as 156.44, 200.00, and 334.28 [2]. Compliance and Impact - The company confirmed that the share reduction complied with relevant laws and regulations, and it did not violate any lock-up agreements or commitments regarding share reductions [3]. - The reduction in shares will not lead to changes in the controlling shareholder or actual controller, nor will it materially affect the company's operations [3].