CICT Mobile (SH:688387) Zheng Quan Zhi Xing·2025-09-03 16:29Core Viewpoint - The announcement details a share reduction plan by major shareholders of Zhongxin Ke Mobile Communication Technology Co., Ltd. due to their funding needs, involving a maximum reduction of 34,187,500 shares, which is up to 1% of the company's total share capital [1][2][3]. Group 1: Shareholder Information - As of the announcement date, the National Development Manufacturing Transformation and Upgrade Fund (National Development Fund) holds 280,000,000 shares, accounting for 8.19% of the total shares, while National Development Science and Technology Venture Capital Co., Ltd. holds 10,000,000 shares, accounting for 0.29% [1]. - The combined holdings of the National Development Fund and National Development Science and Technology Venture Capital amount to 290,000,000 shares, representing 8.48% of the total shares, and they are considered acting in concert [2][3]. Group 2: Reduction Plan Details - The reduction plan allows for a maximum of 34,187,500 shares to be sold through centralized bidding from September 26, 2025, to December 25, 2025, based on market conditions [3][4]. - The selling price will be determined by the market price at the time of the sale, and the number of shares to be reduced will be adjusted in case of any corporate actions like stock dividends or capital increases [2][3]. Group 3: Compliance and Commitments - The shareholders have committed to not transferring or entrusting the management of their pre-IPO shares and will adhere to the lock-up period requirements as per relevant regulations [4][5]. - The shareholders have previously made commitments regarding their shareholding intentions and reduction intentions, ensuring compliance with legal and regulatory requirements [5][6].