WAYS(SH:605218) Zhong Guo Jing Ji Wang·2025-09-08 07:52Group 1 - The core point of the news is that Watanabe Yoichi, the controlling shareholder of Weishi Electronics, plans to reduce his stake in the company by up to 6,385,003 shares, which is no more than 3% of the total share capital, due to personal funding needs [1] - As of the announcement date, Watanabe Yoichi holds 111,806,382 shares, representing 52.53% of Weishi Electronics' total share capital, with the shares being released from lock-up on September 28, 2023 [1] - The estimated amount from the planned reduction is approximately 149 million yuan, based on the closing price of 23.27 yuan per share on September 5, 2025 [1] Group 2 - On August 14, 2025, Watanabe Yoichi completed the transfer of 12,770,000 shares to Wang Xiaoqing at a price of 19.75 yuan per share, totaling 252 million yuan [2] - Weishi Electronics was listed on the Shanghai Stock Exchange on September 28, 2020, with an initial public offering price of 10.97 yuan per share and a total fundraising amount of 583.70 million yuan [2] - The company plans to use the net proceeds from the IPO for projects including backlight source expansion, new decorative board construction, production line automation upgrades, and research center construction [2] Group 3 - The issuance costs for Weishi Electronics' initial public offering amounted to 49.55 million yuan, with underwriting and sponsorship fees of 29.77 million yuan [3] - On July 25, 2025, the company received approval from the Shanghai Stock Exchange for a specific object stock issuance, with a total fundraising amount not exceeding 48 million yuan [3] - The net proceeds from this issuance will be used for lightweight vehicle-mounted new display components and to supplement working capital [3]