KCT(SZ:002625) Zheng Quan Zhi Xing·2025-09-01 12:17Core Viewpoint - The report outlines the equity change of Guangqi Technology Co., Ltd. due to the share reduction by its major shareholder, Tibet Yingbang Industrial Development Co., Ltd., which aims to meet its own funding needs and reduce debt [1][4]. Group 1: Equity Change Details - Tibet Yingbang reduced its holdings in Guangqi Technology from 775,661,652 shares (36.00% of total shares) to 646,376,353 shares (30.00% of total shares) [4][5]. - The reduction involved a transfer of 107,729,394 shares (5.00% of total shares) to Zhuzhou Supermaterial Investment Development Partnership (Limited Partnership) through an agreement [5][6]. - Additionally, Tibet Yingbang executed a block trade, selling 21,555,905 shares (1.00% of total shares) [5][6]. Group 2: Purpose and Future Plans - The purpose of the equity change is to address the funding needs of Tibet Yingbang and to repay debts owed to its controlling shareholder, while also introducing strategic investors [4][6]. - There is a possibility that Tibet Yingbang may continue to reduce its holdings in Guangqi Technology within the next 12 months [4][6]. Group 3: Shareholder Information - Tibet Yingbang is a limited liability company with a registered capital of 124.3132 million RMB, and its major shareholder is Liu Ruopeng [3][4]. - As of the report date, Tibet Yingbang does not hold shares in other listed companies that exceed 5% of their total issued shares [3].