SANF(SZ:300276) Xin Lang Zheng Quan·2025-10-15 11:26Core Viewpoint - Sanfeng Intelligent Equipment Group Co., Ltd. has announced a pre-disclosure regarding the reduction of shares by shareholders holding more than 5%, including directors and their concerted actions [1] Shareholder Information and Holdings - As of the announcement date, shareholders holding more than 5%, Mr. Chen Wei and his concerted actor Mr. Chen Gongcen, collectively hold 120,737,862 shares, accounting for 8.62% of the total share capital of the company [2] Details of the Reduction Plan - Reason for reduction: Personal funding needs - Source of shares: Shares obtained from the major asset restructuring in 2017, including shares derived from stock dividends and capital reserve transfers - Reduction method and limits: - Through centralized bidding, total shares reduced within three months shall not exceed 1% of the total share capital - Through block trading, total shares reduced within three months shall not exceed 2% of the total share capital - Planned reduction quantity and proportion: - Mr. Chen Wei and Mr. Chen Gongcen plan to reduce their holdings by no more than 39,875,303 shares, which is 2.85% of the total share capital - Mr. Chen Wei plans to reduce no more than 26,954,187 shares (1.92% of total share capital) - Mr. Chen Gongcen plans to reduce no more than 11,921,116 shares (0.92% of total share capital) - Reduction period: From November 6, 2025, to February 5, 2026, starting fifteen trading days after the announcement [3] Shareholder Commitments and Compliance - During the company's asset restructuring, shareholders Mr. Chen Wei and Mr. Chen Gongcen made several commitments, including share lock-up periods and performance compensation - As of the announcement date, both have strictly adhered to all commitments made, with no violations reported, and the current reduction plan aligns with their previous intentions and commitments [4]