Mei Ri Jing Ji Xin Wen·2025-09-30 14:10Core Viewpoint - The major shareholder of New Yisheng, Gao Guangrong, plans to transfer 11.43 million shares, accounting for 1.15% of the company's total share capital, through a non-public inquiry transfer method, primarily due to personal funding needs for investments in advanced technology [1][2]. Group 1: Shareholder Actions - Gao Guangrong holds approximately 73.45 million shares of New Yisheng, representing 7.39% of the total share capital, and is also the chairman of the company [2]. - This transfer will not lead to a change in control of the company, and the shares have been released from restrictions [1][2]. - The transfer price will not be lower than 70% of the average trading price over the previous 20 trading days before the invitation to subscribe is sent [1][2]. Group 2: Historical Context - Gao Guangrong has a history of share reductions, including a notable reduction of 699.75 million shares in a little over a month in 2023, resulting in cashing out approximately 463 million yuan [3]. - The stock price of New Yisheng has seen significant growth, increasing by 617.26% over a five-month period, reaching a historical high of 401.1 yuan on September 2, 2023 [3]. Group 3: Regulatory Issues - In February 2023, Gao Guangrong received an administrative penalty from the China Securities Regulatory Commission for violating stock transfer restrictions and failing to disclose shareholding information, resulting in a fine of approximately 31.5 million yuan [4]. - Gao Guangrong was also under investigation by the China Securities Regulatory Commission for similar violations, with a notice of administrative penalty issued in January 2025 [5].