Hwatsing Technology (SH:688120) Xin Lang Cai Jing·2025-09-12 11:27Core Viewpoint - Huahai Qingke announced that shareholders Qingjin Houde (Jinan) Technology Partnership and Ningbo Qingjin Lide Enterprise Management Partnership plan to transfer a total of 12.8297 million shares, representing 3.63% of the company's total share capital [1] Summary by Sections - Share Transfer Details - The total number of shares to be transferred is 12.8297 million, which accounts for 3.63% of the company's total share capital [1] - The transferees will be institutional investors with appropriate pricing capabilities and risk tolerance [1] - The minimum transfer price will not be lower than 70% of the average stock trading price over the 20 trading days prior to the issuance of the subscription invitation on September 12, 2025 [1] - Use of Proceeds - The funds raised from the share transfer will be used for the shareholders' own funding needs [1] - Post-Transfer Shareholding - After the transfer is completed, the combined shareholding ratio of the two shareholders will decrease to below 5% [1]