Group 1 - The core point of the news is that the shareholder Shenzhen Jiaqiao Fukai Equity Investment Enterprise (Limited Partnership) plans to reduce its holdings in Jiama Clothing by up to 365,960 shares, which represents no more than 0.28238% of the company's total share capital [1] - The reduction will occur through centralized bidding transactions within three months starting from September 5, 2025, following the announcement of the reduction plan [1] - As of the announcement date, Shenzhen Jiaqiao holds 365,960 shares, all of which were issued prior to the company's initial public offering [1] Group 2 - Jiama Clothing was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on September 9, 2022, with an initial public offering of 27 million shares at a price of 40.66 yuan per share [1] - On its first day of trading, Jiama Clothing reached a maximum price of 38.00 yuan, marking the highest price since its listing [2] - The total amount raised from the initial public offering was 109.782 million yuan, with a net amount of 99.45856 million yuan after deducting issuance costs, which was 47.35056 million yuan more than originally planned [2]