TJSMW(SH:600577) Zhong Guo Jing Ji Wang·2025-10-17 07:37Core Viewpoint - The actual controller of Jingda Co., Ltd. plans to reduce his shareholding due to personal financial needs, which may impact the company's stock performance and investor sentiment [1] Group 1: Shareholding Reduction Plan - The actual controller, Li Guangrong, intends to reduce his holdings by up to 64,300,000 shares, representing no more than 3% of the total share capital [1] - The reduction will occur through centralized bidding and block trading, with a maximum of 1% through centralized bidding and 2% through block trading [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] Group 2: Financial Implications - Based on the closing price of 10.55 yuan per share on October 16, 2025, the estimated amount from this reduction is approximately 678 million yuan [1] - As of the announcement date, Li Guangrong holds 83,333,333 shares, accounting for 3.88% of the total share capital [1] - Together with his associates, they hold a total of 199,333,390 shares, which is 9.27% of the total share capital [1] Group 3: Recent Fundraising Activities - Jingda Co., Ltd. plans to issue convertible bonds to raise up to 956 million yuan for various projects, including a 40,000-ton new energy copper-based electromagnetic wire project [2] - In the past five years, the company has raised funds twice, totaling 1.0845 billion yuan [3] - The company conducted a non-public stock issuance in 2022, raising 297.5 million yuan, which has been fully utilized by 2023 [4]