Core Points - The actual controller and chairman of the company, Gao Guangrong, plans to transfer 11.43 million shares, representing 15.56% of his holdings and 1.15% of the company's total shares [2] - After the transfer, Gao's shareholding will drop below 7%, making him the second-largest shareholder, following the general manager Huang Xiaolei [2] - The minimum transfer price is set at 70% of the average stock price over the 20 trading days prior to the transfer date, which is calculated to be 243.25 yuan per share [2] - The total cash from the share transfer is estimated at 2.78 billion yuan, with a market value of 4.18 billion yuan based on the closing price on September 30 [2] Transfer Details - The share transfer will be conducted through a non-public method and not via centralized bidding or block trading, meaning it does not fall under secondary market reductions [3] - The transferee is prohibited from transferring the shares for six months after the acquisition, and Gao has committed not to reduce his holdings through the secondary market for 12 months post-transfer [3] Regulatory Issues - Gao Guangrong is under investigation by the China Securities Regulatory Commission for allegedly violating restrictions on stock transfers [3] - The investigation revealed that Gao made unauthorized transfers of 1.42% of the company's total shares through a family trust account, with 0.42% of those transfers being in violation of regulations, resulting in illegal gains of approximately 9.5 million yuan [3] - There were discrepancies in the reported shareholding information in the company's annual reports for 2020, 2021, and 2022 due to Gao's failure to accurately disclose his actual holdings [3]
新易盛实控人拟七折减持股权套现逾27.8亿元,持股比例将低于7%降为第二大股东