XGIMI(SH:688696) Shang Hai Zheng Quan Bao·2025-10-10 18:47Core Viewpoint - The announcement details a share reduction plan by shareholders of XGIMI Technology Co., Ltd. due to personal financial needs, with specific share quantities and methods outlined for the planned reduction [3][4][5]. Shareholder Holdings - As of the announcement date, shareholders Zhong Chao and Liao Yang hold 1,678,803 shares (2.40% of total shares) and 546,332 shares (0.78% of total shares) respectively, acquired prior to and after the company's IPO [2]. Reduction Plan Details - Shareholder Zhong Chao plans to reduce holdings by up to 840,000 shares (1.20% of total shares) through centralized bidding and block trading [4]. - Shareholder Liao Yang intends to reduce holdings by up to 546,332 shares (0.78% of total shares) via centralized bidding [5]. - The reduction plan is subject to adjustments if the company undergoes any rights issues or similar events during the reduction period [5]. Compliance and Commitments - The shareholders have made commitments regarding their shareholding, including a lock-up period of 36 months post-IPO during which they will not transfer shares [9]. - Any share reductions within two years post-lock-up must not be below the IPO price, with specific conditions for price adjustments based on corporate actions [10]. Regulatory Compliance - The reduction plan complies with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China, and will be executed in accordance with the rules of the Shanghai Stock Exchange [12].