CZTL(SH:603158) Xin Lang Zheng Quan·2025-10-15 08:44Core Viewpoint - Tenglong Co., Ltd. announced the completion of a share reduction plan by shareholder Jiang Yilin, who reduced her holdings by 14.71 million shares, realizing 136 million yuan in cash [1][2]. Summary by Sections Share Reduction Plan Implementation - On June 25, 2025, Tenglong Co., Ltd. disclosed a share reduction plan where Jiang Yilin intended to reduce her holdings by up to 4.90 million shares through centralized bidding and up to 9.82 million shares through block trading within three months after the announcement [2]. - From July 18 to October 14, 2025, Jiang Yilin reduced her holdings by 4.89 million shares through centralized bidding and 9.82 million shares through block trading, totaling 14.71 million shares, which is 3.00% of the company's total share capital. The reduction price ranged from 8.09 to 14.47 yuan per share, totaling 136 million yuan [2]. Changes in Shareholding - Prior to the reduction, Jiang Yilin held 66.31 million shares, accounting for 13.51% of the total share capital. After the reduction, her holdings decreased to 51.60 million shares, reducing her stake to 10.51%, while still being a shareholder with over 5% ownership [3]. - Jiang Yilin's shares were acquired through a negotiated transfer, and she, along with Tenglong Technology Group Co., Ltd. and Jiang Xuezhen, are considered acting in concert, collectively holding 201 million shares, which is 41.02% of the total share capital [3]. Compliance of the Reduction - The actual reduction aligns with the previously disclosed plan and commitments, with the reduction period completed as scheduled, achieving the minimum reduction quantity as planned without prematurely terminating the reduction [4].