HXG(SH:603112) Shang Hai Zheng Quan Bao·2025-10-21 19:43Core Viewpoint - The controlling shareholder of Shanxi Huaxiang Group Co., Ltd. plans to reduce its shareholding due to operational needs, which may impact the stock's market performance and investor sentiment [2][3]. Shareholder Information - As of the announcement date, the controlling shareholder, Shanxi Linfen Huaxiang Industrial Co., Ltd., holds 297,784,820 shares, accounting for 55.13% of the total share capital, with 271,135,074 shares being tradable without restrictions [2]. Reduction Plan Details - The shareholder plans to reduce its holdings by up to 16,205,116 shares, representing no more than 3% of the total share capital, within three months starting from 15 trading days after the announcement. This includes a maximum of 5,401,705 shares through centralized bidding and 10,803,411 shares via block trading [3][5]. Lock-up Commitments - The controlling shareholder has made commitments regarding shareholding, including a lock-up period of 36 months from the IPO date, during which no shares will be transferred or managed by others [6][7]. Compliance with Regulations - The reduction plan will comply with relevant laws and regulations, including those set by the China Securities Regulatory Commission and the Shanghai Stock Exchange [8][9].