NWM(SH:603700) Zheng Quan Zhi Xing·2025-09-07 09:14Summary of Key Points Core Viewpoint - The announcement details the internal transfer of shares among the controlling shareholders and their concerted actions, as well as the planned reduction of shareholdings by certain shareholders due to family asset planning and personal financial needs [1][2][3]. Shareholding Structure - As of the announcement date, the controlling shareholder and its concerted actions hold a total of 34,223,657 shares, representing 16.97% of the total share capital [5]. - Specific shareholdings include: - Blue Ink 7 Fund: 4,890,000 shares (2.42%) - Blue Ink 8 Fund: 800,000 shares (0.40%) - Wang Zonghui: 12,507,741 shares (6.20%) - Zhao Shaoman: 9,812,074 shares (4.86%) - Xu Yun: 9,408,500 shares (4.66%) - Wang Kaituo: 8,231,874 shares (4.08%) [1][4][5]. Reduction Plans - Blue Ink 7 plans to transfer 1,400,000 shares to Zhang Lin and Zhang Lei through block trading, while Blue Ink 8 plans to transfer 800,000 shares to Yang Ming [2][6]. - Wang Zonghui plans to reduce his holdings by up to 611,436 shares through centralized bidding and 546,010 shares through block trading [2][6]. - Zhao Shaoman, Xu Yun, and Wang Kaituo also have specific reduction plans, with maximum reductions of 479,659 shares (0.24%), 459,931 shares (0.23%), and 882,064 shares (0.44%) respectively [2][6]. Internal Transfers - The transfers between Blue Ink 7 and Blue Ink 8 are classified as internal transfers among concerted actions and do not involve market reductions [3][7]. - The reduction plans will not lead to changes in the controlling shareholder or actual controller of the company [3][8]. Compliance and Commitments - The shareholders have committed to adhere to the relevant regulations regarding share transfers and reductions, ensuring compliance with the Shanghai Stock Exchange rules [7][8].