Core Viewpoint - The controlling shareholder and actual controller of Qifan Cable, Zhou Gonghua, plans to reduce his shareholding due to personal financial needs, which may impact the company's stock performance but will not change its control structure [1][2]. Shareholding Reduction Plan - Zhou Gonghua intends to reduce up to 12,387,040 shares, representing no more than 3.00% of the total shares, through a combination of centralized bidding and block trading [1]. - The reduction will be limited to 1% of the total shares over any 90-day period for centralized bidding and 2% for block trading [1]. - Another shareholder, Beijing Lifeng Private Fund Management Co., plans to reduce up to 2,064,506 shares, accounting for no more than 0.50% of the total shares [1]. Financial Implications - The total shares to be reduced by the aforementioned shareholders amount to 14,451,546 shares, or up to 3.50% of the total share capital [1]. - Based on the last trading day's closing price of 19.12 yuan, the total cash to be raised from the share reduction is approximately 276,313,559.52 yuan, with Zhou Gonghua's portion being about 236,840,204.8 yuan [1]. Current Shareholding Structure - As of the announcement date, Zhou Gonghua holds 91,008,200 shares, representing 22.04% of the total share capital [2]. - The combined shareholding of Zhou Gonghua and his associates amounts to 188,571,800 shares, or 45.67% of the total [2]. - Lifeng Private Fund holds 21,000,000 shares, accounting for 5.09% of the total [2]. Company Background - Qifan Cable was listed on the Shanghai Stock Exchange on July 31, 2020, with an initial issuance of 50 million shares at a price of 18.43 yuan per share [3]. - The total funds raised from the initial public offering amounted to 92,150.00 million yuan, with a net amount of 84,619.61 million yuan after deducting issuance costs [3][5]. - The company also issued convertible bonds in 2021, raising a total of 1,000 million yuan, with a net amount of 989,049,924.53 yuan after costs [4].
起帆电缆实控人拟套现2.4亿 去年套现3.1亿A股募19亿