XUELONG(SH:603949) Shang Hai Zheng Quan Bao·2025-09-15 18:43Core Viewpoint - The announcement details the completion of a share reduction plan by a major shareholder of Xuelong Group, indicating a decrease in their ownership without affecting the company's control structure or governance [4][5][8]. Shareholder Holding Situation - Before the reduction plan, the actual controller, He Cailin, held 27,820,660 shares, accounting for 13.18% of the total shares. Other related parties held significant portions: He Pinyan (11.45%), He Qunyan (11.45%), Hong Kong Green Source Holdings (19.82%), and Ningbo Weier Sai Investment Holdings (14.91%). Together, they held 149,480,240 shares, representing 70.80% of the total shares [2]. Reduction Plan Implementation Results - The reduction plan was disclosed on June 14, 2025, with He Cailin intending to reduce up to 6,334,090 shares (3.00% of total shares) through centralized bidding and block trading. The plan was executed within the stipulated timeframe, and as of September 15, 2025, He Cailin successfully reduced 6,334,024 shares, completing the plan [4][8]. Equity Change Situation - The equity change resulted from He Cailin's execution of the previously disclosed reduction plan, which did not trigger a mandatory tender offer. Post-reduction, He Cailin's holdings decreased from 23,780,196 shares to 21,486,636 shares, while the total holdings of the actual controller and related parties decreased from 145,439,776 shares to 143,146,216 shares, reducing their combined ownership from 68.88% to 67.80% [5][8].