QLPIPESINDUSTRY(SZ:002457) Zhong Guo Jing Ji Wang·2025-10-22 07:06Core Viewpoint - Qinglong Pipe Industry (002457.SZ) announced that its controlling shareholder, Ningxia Qinglong Technology Holdings Co., Ltd., and actual controller, Chen Jiaxing, have completed a share reduction plan, reducing their combined shareholding from 27.36% to 26.53% [1] Summary by Sections Share Reduction Details - From August 27, 2025, to October 20, 2025, Qinglong Holdings and Chen Jiaxing reduced their shares by 2,759,750 shares, accounting for 0.83% of the total share capital [1] - The total shares reduced from July 28, 2025, to October 20, 2025, amounted to 9,907,400 shares, representing 3.00% of the total share capital excluding shares in the repurchase account [1] Financial Impact - The total cash generated from the share reduction by Qinglong Holdings and Chen Jiaxing is approximately 115 million yuan [2] Transaction Methods - The share reduction was executed through various methods, including centralized bidding and block trading, with specific details on the number of shares and average prices provided [2][3] - The average price for shares sold through centralized bidding was 10.49 yuan, while block trading had an average price of 12.20 yuan [2] Historical Context - Prior announcements indicated that Qinglong Holdings and Chen Jiaxing had previously reduced their holdings, with a notable reduction of 4,303,250 shares in late July 2025, which represented 1.29% of the total share capital [4] - The shareholding structure shows that after the latest reduction, Qinglong Holdings and Chen Jiaxing hold a total of 88,468,254 shares [1][4]