KCGJ(SH:600097) Sou Hu Cai Jing·2025-09-19 14:51Core Viewpoint - The recent share reduction by a major shareholder of Kaichuang International does not trigger mandatory takeover obligations and will not significantly impact the company's governance structure or ongoing operations [1]. Group 1: Stock Performance - As of September 19, 2025, Kaichuang International (600097) closed at 11.59 yuan, up 0.17% from the previous trading day, with a total market capitalization of 2.792 billion yuan [1]. - The stock opened at 11.58 yuan, reached a high of 11.68 yuan, and a low of 11.45 yuan, with a trading volume of 46.8538 million yuan and a turnover rate of 1.68% [1]. Group 2: Shareholder Activity - A major shareholder, Xiaojian Technology, reduced its holdings by 2,462,000 shares, representing 1.0218% of the total share capital, between September 11 and September 19, 2025 [1]. - Following this reduction, the combined shareholding percentage decreased from 9.9816% to 8.9598% [1]. - The shares were sold to fund the shareholder's operational arrangements and were sourced from shares acquired through centralized bidding [1].