Huahong Technology(SZ:002645) Xin Lang Cai Jing·2025-09-15 09:02Core Viewpoint - Jiangsu Huahong Technology Co., Ltd. announced a significant change in shareholder equity due to the dilution from convertible bonds and a reduction in shares held by a major shareholder, which has attracted market attention [1][4]. Group 1: Convertible Bonds and Shareholder Dilution - The company issued convertible bonds totaling 515 million yuan, with trading commencing on January 10, 2023, and conversion starting on June 8, 2023 [2]. - As a result of the bond conversion, major shareholder Mr. Zhou Shijie’s shareholding was diluted from 8.59% to 8.30%, a decrease of 0.29% [2][4]. Group 2: Shareholder Reduction Plan - Mr. Zhou Shijie announced a plan to reduce his holdings by up to 13,383,041 shares between August 28, 2025, and November 27, 2025, through centralized bidding and block trading [3]. - He executed a reduction of 2,000,000 shares from September 11 to September 12, 2025, representing 0.32% of the total share capital after excluding repurchased shares, leaving him with 49,532,167 shares, or 7.98% [3][4]. Group 3: Overall Equity Change - The total change in Mr. Zhou's equity from August 29 to September 12, 2025, was 0.61%, combining the dilution from convertible bonds and the share reduction [4]. - The changes are in compliance with relevant regulations and do not affect voting rights, as Mr. Zhou is not the largest shareholder or the actual controller of the company [4].