温州宏丰控股股东陈晓拟减持不超1250万股，占总股本2.52%

Core Viewpoint - Wenzhou Hongfeng Electric Alloy Co., Ltd. announced that its controlling shareholder and actual controller, Mr. Chen Xiao, plans to reduce his shareholding in the company [1] Group 1: Shareholding Reduction Details - As of the announcement date, Mr. Chen holds 168,636,292 shares, accounting for 33.93% of the total share capital [2] - He plans to reduce up to 12.5 million shares, representing 2.52% of the total share capital, within three months starting from October 13, 2025, to January 12, 2026, excluding the window period [2] - The reduction will be executed through a combination of centralized bidding and block trading, with a maximum of 4.9 million shares (0.99%) through centralized bidding and 7.6 million shares (1.53%) through block trading [2] - The primary reason for the share reduction is to repay stock pledge debts and provide financial support to the company and its subsidiaries [2] Group 2: Commitment Fulfillment - Mr. Chen made commitments in the IPO prospectus in February 2011, including not transferring shares for 36 months post-IPO and limiting annual transfers to 25% of total shares during his tenure [3] - He has adhered to these commitments without any violations, including plans to increase his shareholding in the future [3]