Zhong Guo Jing Ji Wang·2025-09-09 09:21Core Viewpoint - The company Jinli Permanent Magnet (300748.SZ) announced a share reduction plan by its shareholder Ganzhou Xinshi Investment Management Center, which intends to sell up to 13,684,663 shares, representing 1% of the company's total share capital, within three months starting from September 30, 2025 [1]. Group 1 - Ganzhou Xinshi holds 23,536,435 shares, accounting for 1.72% of the company's total share capital after excluding repurchased shares [1]. - The planned share reduction is expected to generate approximately 500 million RMB based on the closing price of 36.57 RMB per share [2]. - The shares to be sold were acquired through non-trading transfers, including shares obtained from capital reserves converted into share capital during the holding period [1]. Group 2 - Jinli Permanent Magnet raised a total of 520,999,795.86 RMB through a specific stock issuance in 2020, with a net amount of 511,637,175.88 RMB after deducting issuance costs [2]. - The funds raised have been fully transferred to the company's bank account as of January 8, 2021, and verified by an accounting firm [2].