Core Viewpoint - The company Renxin New Materials (仁信新材) announced a plan for major shareholders and directors to reduce their holdings, which will not affect the company's control or governance structure [1][2]. Shareholder Reduction Plan - Major shareholder Zheng Chanyu plans to reduce her holdings by up to 2,393,498 shares through centralized bidding, accounting for 0.9856% of the total share capital [1] - Zheng Chanyu also intends to reduce up to 4,786,996 shares through block trading, representing 1.9712% of the total share capital [1] - Director Qiu Hongwei plans to reduce his holdings by up to 945,000 shares, which is 0.3891% of the total share capital [1] - The total reduction by Zheng Chanyu and Qiu Hongwei will not exceed 8,125,494 shares, with an estimated value of approximately 92.06 million yuan based on the closing price of 11.33 yuan per share on September 11, 2025 [1] Shareholding Structure - Zheng Chanyu and Huang Weishan are married, with Zheng holding 8,736,000 shares (3.5973% of total share capital) and Huang holding 4,032,000 shares (1.6603% of total share capital), totaling 5.2576% [2] - Qiu Hongwei holds 3,780,000 shares, representing 1.5565% of the total share capital [2] Company Listing and Financials - Renxin New Materials was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on July 3, 2023, with an initial public offering of 36,230,000 shares at a price of 26.68 yuan per share [2] - The company is currently in a state of share price decline (破发状态) [2] - The total funds raised from the IPO amounted to 966.6164 million yuan, with a net amount of 887.2827 million yuan after deducting issuance costs [2] - The company plans to use the raised funds for various projects, including the expansion of polystyrene new materials production and research center construction [2] Dividend Distribution - For the 2023 fiscal year, the company plans to distribute dividends of 10 yuan per 10 shares and a capital reserve increase of 4 shares for every 10 shares held, with the record date on June 20, 2024 [3] - For the 2024 fiscal year, the company will distribute dividends of 1 yuan per 10 shares and a capital reserve increase of 2 shares for every 10 shares held, with the record date on July 3, 2025 [3]
破发股仁信新材2股东拟减持 上市募9.7亿万和证券保荐