ZOY(SH:603709) Shang Hai Zheng Quan Bao·2025-09-15 18:43Core Viewpoint - The announcement details a share reduction plan by the actual controller and chairman of Zhongyuan Home Co., Ltd., Mr. Cao Yong, due to personal funding needs, which may impact the company's stock performance and shareholder sentiment [3][10]. Shareholder Holding Situation - Mr. Cao Yong directly holds 36,501,192 shares, accounting for 28.93% of the company's total share capital [2]. Reduction Plan Details - Mr. Cao plans to reduce his holdings by up to 3,785,730 shares, representing a maximum of 3% of the total share capital, within three months starting from 15 trading days after the announcement [3]. - The reduction will occur through centralized bidding and block trading, with specific limits on the number of shares that can be sold in any 90-day period: up to 1,261,910 shares (1% of total capital) via centralized bidding and up to 2,523,820 shares (2% of total capital) via block trading [3]. - The reduction price will be determined based on market conditions at the time of sale [3]. Adjustments to Reduction Plan - If the company undergoes changes such as stock splits or capital increases, the number of shares to be reduced will be adjusted accordingly, while the percentage will remain unchanged [4]. Previous Commitments - Mr. Cao made commitments regarding shareholding, including a lock-up period of 36 months post-IPO and restrictions on the amount of shares he can sell annually while serving as a director [6][7]. - He is allowed to reduce his holdings only after the lock-up period and must adhere to specific conditions regarding the sale price and volume [7][8]. Compliance and Monitoring - The company will continue to monitor the reduction plan and ensure compliance with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [10].