Huaqin Technology (SH:603296) Zheng Quan Zhi Xing·2025-09-05 08:19Core Viewpoint - The report outlines a reduction in shareholding by Hainan Huaxiao Venture Capital Partnership (Limited Partnership) in Huqin Technology Co., Ltd., bringing their ownership below the 5% threshold [1][5]. Group 1: Shareholding Changes - Hainan Huaxiao's shareholding in Huqin Technology decreased from 37,702,840 shares (5.2058%) to 50,787,676 shares (4.9999%) [6][9]. - The reduction in shareholding is attributed to a combination of passive dilution from the company's stock incentive plan and active selling of shares [5][6]. Group 2: Purpose of Shareholding Change - The purpose of the shareholding reduction is based on the information disclosure obligation's need for funds and arrangements [5]. Group 3: Future Plans - Hainan Huaxiao plans to reduce its holdings by up to 6,922,002 shares, which represents no more than 0.68% of the total share capital, within three months following the announcement [5]. Group 4: Legal Compliance - The report confirms that the information disclosure obligation has complied with relevant laws and regulations, ensuring the accuracy and completeness of the report [2][8].