Crystal-Optech(SZ:002273) Shang Hai Zheng Quan Bao·2025-09-22 18:48Core Viewpoint - The announcement details the plan of a significant shareholder, Hangzhou Deep Reform Zhenxin Enterprise Management Partnership (Limited Partnership), to reduce its stake in Zhejiang Crystal Optoelectronics Technology Co., Ltd. by up to 13,758,996 shares over a three-month period starting from October 23, 2025, to January 22, 2026, due to strategic planning and funding needs [3][4][5]. Group 1: Shareholder Information - The shareholder, Hangzhou Deep Reform Zhenxin, holds 73,404,741 shares, representing 5.28% of the total share capital of the company [3][4]. - The shareholder previously entered into a "Consistent Action Termination Agreement" with the controlling shareholder, Star Group, on July 14, 2025, which means their shares are no longer combined for calculation purposes [3][4]. Group 2: Reduction Plan Details - The reduction will occur through centralized bidding or block trading, with a maximum of 13,758,996 shares to be sold, which is up to 0.99% of the total share capital [5]. - The reduction period is set for three months, starting 15 trading days after the announcement, and will comply with relevant laws and regulations regarding share reductions [5][6]. - The selling price will be determined based on market conditions at the time of the sale [5]. Group 3: Commitments and Compliance - The shareholder has made commitments to adhere to regulations regarding share transfers and will not seek to control the company [8][9]. - The shareholder has confirmed that there are no violations of commitments regarding the reduction plan, ensuring compliance with legal requirements [10].