Xin Lang Zheng Quan·2025-09-10 11:53Core Viewpoint - Nantong Jinlun Holdings Co., Ltd. plans to reduce its stake in Wuchan Zhongda Jinlun Blue Ocean Co., Ltd. due to its operational needs, with a maximum reduction of 6,242,774 shares, accounting for 3% of the total share capital [1][2]. Summary by Sections Shareholding and Reduction Plan - As of August 29, 2025, Jinlun Holdings holds 20,662,315 shares, representing 9.93% of the total share capital [1]. - The reduction plan includes a maximum of 6,242,774 shares, not exceeding 3% of the total share capital [1]. - The reduction will be executed through centralized bidding and block trading methods, with specific limits on the number of shares that can be sold within a 90-day period [1]. Compliance with Commitments - Jinlun Holdings has adhered to its commitments made during the initial public offering, including restrictions on share transfers for a specified period [2]. - The current reduction plan does not violate any of the previously made commitments [2]. Market Conditions and Uncertainty - The implementation of the reduction plan is subject to market conditions and stock price fluctuations [2]. - Jinlun Holdings is not the controlling shareholder, and the reduction will not affect the company's control or governance structure [2].