NWM(SH:603700) Zheng Quan Zhi Xing·2025-09-02 16:15Core Viewpoint - The internal share transfer plan of Ningbo Water Meter (Group) Co., Ltd. has been completed, with the transfer of 1,234,000 shares from Blue Ink No. 8 to Wu Xin and Yang Ming, resulting in Wu Xin becoming a concerted action party with the controlling shareholders [1][3][4]. Group 1: Share Transfer Details - Blue Ink No. 8 planned to transfer a total of 2,034,000 shares, but only 1,234,000 shares were transferred to Wu Xin and Yang Ming, who did not hold any shares prior to this transfer [1][2]. - The transfer occurred on September 1, 2025, and represented 0.61% of the company's total share capital [1][3]. - After the transfer, Blue Ink No. 8 no longer holds any shares in the company, while Wu Xin and Yang Ming have become concerted action parties [1][4]. Group 2: Shareholding Structure - As of the date of the internal transfer plan disclosure, the controlling shareholders and their concerted action parties held a total of 51,148,388 shares, accounting for 25.36% of the company's total share capital [3][4]. - Zhang Lin, one of the controlling shareholders, directly holds 5,742,250 shares (2.85%), while Zhang Lei holds 4,258,481 shares (2.11%) [3][5]. - Blue Ink No. 8 held 2,034,000 shares (1.01%) before the transfer, and Blue Ink No. 7 held 4,890,000 shares (2.42%) [3][5]. Group 3: Transfer Plan Implementation - The internal transfer plan was initially disclosed on July 30, 2025, and was intended to adjust shareholding among concerted action parties without affecting the overall shareholding structure [3][4]. - The transfer was executed through a block trade at a price of 12.13 yuan per share, totaling approximately 14,968,420 yuan [4][5]. - The remaining shares that were not transferred (800,000 shares) will not be transferred in the future due to the decision to terminate the transfer plan early [1][4].