Toly Bread(SH:603866) Xin Lang Cai Jing·2025-10-10 12:02Core Viewpoint - The announcement from Taoli Bread Co., Ltd. details the share transfer and reduction plan of its controlling shareholder and actual controller, Wu Zhigang, along with his concerted action partner, Wu Xuedong [1][3]. Shareholder Information - As of the announcement date, Wu Zhigang holds 119,533,982 shares, representing 7.47% of the total share capital, while Wu Xuedong holds 189 shares, accounting for 0.00001% of the total [2]. - Wu Zhigang, Wu Xuequn, Wu Xueliang, Sheng Yali, Wu Xuedong, and others collectively hold 1,010,044,698 shares, which is 63.14% of the total shares [2]. Transfer and Reduction Plan Details - Wu Zhigang plans to transfer up to 31,994,383 shares (2% of total shares) to his spouse, Sheng Yali, through a block trade, which is an internal transfer and not a market reduction [3]. - Wu Xuedong intends to reduce his holdings by up to 189 shares (0.00001% of total shares) through centralized bidding from November 3, 2025, to January 31, 2026 [3]. - The implementation of the transfer and reduction plan will commence 15 trading days after the announcement, with adjustments for any trading suspensions [3]. Previous Commitments - Both Wu Zhigang and Wu Xuedong had previously made commitments regarding their shareholdings, including not reducing their shares below the issue price within two years after the lock-up period [4]. - The current reduction plan aligns with their previously disclosed commitments [4].