KEDA GROUP(SH:600986) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-09 04:56Core Viewpoint - The announcement details the share reduction plans of major shareholders of Zhejiang Wen Internet Group Co., Ltd., indicating significant changes in shareholding structure and potential impacts on the company's stock performance [1][3]. Shareholder Holding Situation - As of the announcement date, shareholder Hangzhou Lin'an New Jin Industrial Development Group Co., Ltd. holds 25,559,929 shares, accounting for 1.72% of the total share capital, while Shanghai Mingde Enterprise Management Partnership (Limited Partnership) holds 20,867,704 shares, accounting for 1.40% of the total share capital [2]. Reduction Plan Details - Due to personal funding needs, Lin'an New Jin plans to reduce up to 23,746,800 shares within three months starting from 15 trading days after the announcement, representing up to 1.60% of the total share capital. This includes a maximum of 7,436,800 shares through centralized bidding (0.50%) and 16,310,000 shares through block trading (1.10%). Shanghai Mingde plans to reduce up to 20,867,704 shares, with 7,436,800 shares through centralized bidding (0.50%) and 13,430,904 shares through block trading (0.90%) [3]. Background of Reduction Entities - The reduction entities are partners of Hangzhou Zhejiang Wen Internet Enterprise Management Partnership (Limited Partnership), with shares transferred through agreement. After the dissolution of Hangzhou Zhejiang Wen Internet, shares were transferred to partners including Hangzhou Bowen Equity Investment Co., Ltd., Lin'an New Jin, Shanghai Mingde, and Hangzhou Zhejiang Wen Tanlan Equity Investment Co., Ltd. [4]. Compliance with Regulations - Lin'an New Jin and Shanghai Mingde have committed to comply with relevant regulations and guidelines during the share reduction process, ensuring adherence to the Shanghai Stock Exchange rules and other applicable laws [8]. Guarantee Provision - Zhejiang Wen Internet Group Co., Ltd. has signed a maximum guarantee contract with Industrial Bank Co., Ltd. Hangzhou Branch, providing a joint liability guarantee for its subsidiary Beijing Pairui's bank loan of up to 100 million yuan [14]. Internal Decision-Making Process - The board of directors approved the guarantee provision during meetings held on April 10, 2025, and May 7, 2025, allowing for a total guarantee amount of up to 3.1 billion yuan for subsidiaries [15][19]. Necessity and Reasonableness of Guarantee - The guarantee for Beijing Pairui is deemed necessary for its business development and aligns with the overall interests of the company. The subsidiary is in good operational condition and has the ability to repay its debts, making the guarantee risk controllable [18]. Cumulative Guarantee Situation - As of the announcement date, the total guarantees provided by the company and its subsidiaries amount to 967 million yuan, representing 18.97% of the latest audited net assets, with no overdue guarantees reported [21].