FDM(SZ:002196) Ge Long Hui A P P·2025-10-16 15:09Core Viewpoint - The company, Fangzheng Electric (002196.SZ), announced plans for significant share reductions by major shareholders, including the chairman and senior management, within a specified timeframe [1] Shareholder Reduction Plans - Shareholder Zhang Min plans to reduce holdings by up to 14.8762 million shares, representing no more than 3.00% of the total share capital, through both centralized bidding and block trading from November 8, 2025, to February 7, 2026 [1] - Of this total, up to 4.9587 million shares (1.00% of total share capital) will be sold via centralized bidding, while up to 9.9174 million shares (2.00% of total share capital) will be sold through block trading [1] - Chairman Weng Weiwen intends to reduce his holdings by up to 1.8 million shares, accounting for no more than 0.36% of the total share capital, exclusively through centralized bidding during the same period [1] - Senior management member Lu Meiling plans to reduce her holdings by up to 46,250 shares, which is no more than 0.01% of the total share capital, also through centralized bidding within the specified timeframe [1]