Keeson(SH:603610) Zhong Guo Jing Ji Wang·2025-10-10 06:55Core Viewpoint - The announcement of share reduction plans by major shareholders of Qisheng Technology indicates a potential shift in ownership dynamics and may impact investor sentiment towards the company [1][2]. Group 1: Share Reduction Plans - Jiaxing Zhihai Investment Management Co., Ltd. plans to reduce its holdings by up to 2% of the total share capital, equating to a maximum of 7,059,000 shares, which represents 8.44% of its total holdings [1]. - Tang Guohai intends to reduce his stake by up to 1% of the total share capital, amounting to a maximum of 3,529,000 shares, or 5.71% of his direct holdings [1]. - Chen Genlei aims to sell up to 311,000 shares, representing 0.09% of the total share capital and 24.94% of his holdings [1]. Group 2: Financial Implications - Based on the closing price of 18.79 yuan per share, the total cash to be raised from these reductions is approximately 205 million yuan, with Jiaxing Zhihai expected to realize 133 million yuan, Tang Guohai 66.31 million yuan, and Chen Genlei 584,370 yuan [1]. - The total number of shares to be reduced is 10,899,000, with a combined cash amount of 205 million yuan [1]. Group 3: Shareholder Structure - As of the announcement date, Jiaxing Zhihai holds 83,629,325 shares, representing 23.69% of the total share capital [2]. - Tang Guohai, the actual controller and chairman, directly holds 61,811,713 shares, accounting for 17.51% of the total share capital [2]. - Chen Genlei, the deputy general manager, holds 1,246,929 shares, which is 0.35% of the total share capital [2]. Group 4: Company Background - Qisheng Technology was listed on the Shanghai Stock Exchange on October 29, 2019, with an initial public offering of 37,583,200 shares at a price of 44.66 yuan per share [2]. - The total amount raised from the IPO was approximately 1.68 billion yuan, with a net amount of 1.60 billion yuan after expenses [2]. - The funds raised are intended for projects including the annual production of 4 million smart beds and brand and marketing network development [2].