NEWAY(SH:603699) Zhong Guo Jing Ji Wang·2025-09-22 07:53Core Viewpoint - Niuwei Group has completed a share reduction plan, selling a total of 7,490,620 shares, which represents 0.97% of the company's total equity, resulting in a total amount of approximately 258.82 million yuan [1][2]. Group 1 - Niuwei Group announced a share reduction plan from July 18, 2025, to October 17, 2025, intending to sell up to 7,490,620 shares [1]. - The shares were sold at a price range of 31.00 yuan to 38.70 yuan per share, with the total proceeds amounting to 258,822,150.38 yuan [1]. - After the reduction, Niuwei Group no longer holds any shares in the company, reducing its stake from 0.97% to 0% [1]. Group 2 - The controlling shareholders and their concerted actions include Wang Baoqing and Cheng Zhangwen, each holding 121,564,912 shares (15.82%), and Xi Chao and Lu Bin, each holding 83,545,482 shares (10.87%) [2]. - Beijing Hengde Times Private Fund Management Co., Ltd. holds 38,019,430 shares (4.95%) through two private equity funds, contributing to a total of 493,750,268 shares held by concerted actions, which is 64.25% of the total shares [2]. - The concerted action relationship is established due to the continuous and joint control of the company by the four main shareholders, who have signed a "Concerted Action Confirmation" [2].