Focuslight Technologies (SH:688167) Zhong Guo Jing Ji Wang·2025-09-15 06:35Core Viewpoint - Juguang Technology (688167.SH) announced a significant change in shareholding, with its controlling shareholder Liu Xingsheng and his concerted actors reducing their stake, which now stands at 15.73% from 16.70% [1][2]. Shareholding Changes - The reduction involved a total of 868,821 shares sold between September 4 and September 12, 2025, with a total transaction value of approximately 115 million yuan [1][2]. - The weighted average price of Juguang Technology's shares during this period was 132.125 yuan [1]. - The specific shareholders involved in the reduction include Song Tao, Yan Suibin, Li Xiaoning, Tian Ye, and several investment partnerships, with varying amounts of shares sold [2]. Company Background - Juguang Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 24, 2021, with an initial public offering of 22.49 million shares at a price of 78.69 yuan per share [4]. - The company raised a total of 1.77 billion yuan, with net proceeds of 1.63 billion yuan, exceeding the originally planned fundraising amount [4]. - The funds raised are intended for various projects, including the micro-optics application project and the industrialization of laser radar modules [4]. Shareholding Structure - Liu Xingsheng, as the controlling shareholder, holds a total of 17.36% of the voting rights through direct holdings and agreements with concerted actors [3]. - Other concerted actors hold minor stakes, with the largest being 1.95% [3].