LMGF(SZ:002734) Zhong Guo Jing Ji Wang·2025-10-27 07:41Core Viewpoint - The controlling shareholder of Limin Co., Ltd., Li Ming, has completed a share reduction plan, selling a total of 11,629,102 shares, which amounts to approximately 217 million yuan [1][2]. Summary by Sections Share Reduction Plan - Li Ming announced a plan to reduce his holdings from August 1, 2025, to October 29, 2025, with a maximum reduction of 13,104,920 shares, representing 3% of the total share capital after deducting repurchased shares [1]. - The reduction was executed through two methods: a maximum of 2% via block trading and 1% via centralized bidding [1]. Execution of Share Reduction - From October 10 to October 22, 2025, Li Ming sold 4,365,002 shares through centralized bidding, accounting for 0.99235% of the total shares, at an average price of 19.06 yuan per share [1]. - Between August 15 and October 22, 2025, he sold 7,264,100 shares through block trading, representing 1.6514% of the total shares, at an average price of 18.44 yuan per share [1]. - The total amount raised from the share reduction was 217 million yuan [1]. Shareholding Post-Reduction - Before the reduction, Li Ming held 73,734,050 shares, which was 16.76% of the total share capital [2]. - After the reduction, his holdings decreased to 62,104,948 shares, representing 14.12% of the total share capital [2].