JPT(SH:688025) Zhong Guo Jing Ji Wang·2025-09-18 06:00Core Viewpoint - The announcement from Jieput (688025.SH) regarding the equity change of its controlling shareholder and concerted parties indicates a reduction in their shareholding, which has implications for the company's ownership structure and potential market perception [1][2]. Shareholding Changes - Jieput's controlling shareholder Huang Zhijia and his concerted party, Xiamen Tongju Tongyuan Consulting Management Partnership (Limited Partnership), reduced their holdings by a total of 1.13 million shares from September 12 to September 16, 2025, representing 1.19% of the company's total share capital [1][2]. - Huang Zhijia sold 810,000 shares, while Tongju Tongyuan sold 320,000 shares during this period [1]. - The average price during the reduction period was 156.45 yuan per share, resulting in a total cash-out of approximately 177 million yuan [1]. Ownership Structure - Following the equity change, the combined shareholding of Huang Zhijia, Huang Huai, and Tongju Tongyuan decreased from 37.00% to 35.81% [1]. - The equity change does not lead to a change in the controlling shareholder or actual controller, nor does it significantly impact the company's governance structure or ongoing operational capabilities [2]. Company Background - Jieput was listed on the Shanghai Stock Exchange on October 31, 2019, with an initial offering price of 43.86 yuan per share and a total issuance of 23.09 million shares, raising approximately 1.013 billion yuan [4]. - The net proceeds from the IPO, after deducting issuance costs, amounted to 915 million yuan, which were allocated to various expansion and research projects [4].