TJSMW(SH:600577) Ge Long Hui A P P·2025-10-17 06:19Core Viewpoint - Jingda Co., Ltd. (600577.SH) experienced a decline of 8.44%, closing at 9.66 yuan, with a total market capitalization of 20.76 billion yuan due to the announcement of a share reduction plan by its actual controller, Li Guangrong [1] Summary by Relevant Sections - Share Reduction Plan - Li Guangrong intends to reduce his holdings by up to 64.3 million shares, representing no more than 3% of the company's total share capital [1] - The reduction will occur through a combination of centralized bidding (up to 1% of total share capital) and block trading (up to 2% of total share capital) [1] - The reduction period is set for three months starting from 15 trading days after the announcement, with no reductions during the window period [1] - Post-Reduction Holdings - After the completion of the reduction plan, Li Guangrong and his concerted parties will see their combined shareholdings decrease from 199.33339 million shares to 135.03339 million shares [1] - This change will reduce their ownership percentage in the company from 9.27% to 6.28% of the total share capital [1]