Core Viewpoint - Ningbo Lianzhang Enterprise Management Partnership plans to reduce its holdings in Xuelong Group by up to 4.110645 million shares, representing no more than 1.95% of the total shares outstanding, due to personal funding needs of 43 partners [1] Summary by Relevant Sections Shareholder Reduction Details - As of the announcement date, Ningbo Lianzhang holds 7.86786 million shares of Xuelong Group, accounting for 3.73% of the total shares [2] - The shares were acquired before the company's IPO and through capital reserve conversion, and are all freely tradable [2] - The reduction plan includes a maximum of 2.1113 million shares through centralized bidding and 1.999345 million shares through block trading [2] - The reduction period is set from October 22, 2025, to January 21, 2026, with specific limits on the number of shares that can be sold within any 90-day period [2] Previous Reduction Commitments - Ningbo Lianzhang made several commitments regarding shareholding, including a 36-month lock-up period post-IPO and conditions for reducing holdings thereafter [3] - The commitments include a minimum selling price not lower than the issue price and a maximum of 25% of the total shares held at the end of the previous year can be sold annually [3] - The current reduction plan aligns with previous commitments made by Ningbo Lianzhang [3]
雪龙集团5%以下股东宁波联展拟减持不超1.95%股份