TC(SH:603421) Zhong Guo Jing Ji Wang·2025-10-16 07:16Core Viewpoint - Dingxin Communications (603421.SH) announced a share reduction plan by its directors and senior management, indicating potential changes in shareholder structure and market sentiment [1] Group 1: Share Reduction Plan - Director Yuan Zhishuang plans to reduce holdings by up to 2,160,000 shares, representing 0.34% of the total share capital [1] - Director Fan Jianhua intends to reduce holdings by up to 2,000,000 shares, accounting for 0.31% of the total share capital [1] - The total planned reduction by both directors amounts to 4,160,000 shares, with an estimated total value of approximately 33.95 million yuan based on the last trading price of 8.16 yuan per share [1] Group 2: Company Background - Dingxin Communications was listed on the Shanghai Stock Exchange on October 11, 2016, with a total public offering of 43,400,000 shares at a price of 14.02 yuan per share, raising approximately 608.47 million yuan [2] - The company issued convertible bonds in 2018, raising a total of 600 million yuan, with a net amount of approximately 583.84 million yuan [3] - The total amount raised from both public offerings and convertible bonds is approximately 1.21 billion yuan [4] Group 3: Financial Distribution - In 2019, the company distributed cash dividends of 0.104 yuan per share and conducted a capital increase of 0.4 shares per share, resulting in a total share capital increase to 656,693,891 shares [4]