BENEFO(SH:600468) Zhong Guo Jing Ji Wang·2025-10-29 07:53Core Points - The company Baile Electric (600468.SH) announced the completion of a share reduction plan by its shareholder, Xinhao Investment, which involved a total reduction of 21,754,700 shares, accounting for 2% of the company's total share capital [1][2] Group 1 - Xinhao Investment planned to reduce its holdings through centralized bidding and block trading, with a maximum reduction of 2% of the total share capital, equivalent to 21,754,706 shares [1] - From September 30 to October 28, 2025, Xinhao Investment reduced its holdings by 10,877,300 shares through centralized bidding and 10,877,400 shares through block trading, with a total reduction amounting to 166,547,079 yuan [1] - The reduction price ranged from 7.20 yuan to 7.88 yuan per share [1] Group 2 - Prior to the reduction, Xinhao Investment held 24,267,831 shares, representing 2.23% of the total share capital [2] - Xinhao Investment is an indirect controlling shareholder of Baile Electric, associated with Tianjin Baili Machinery Equipment Group and Tianjin Hydraulic Machinery Group, which collectively hold 630,039,312 shares, or 57.92% of the total share capital [2] - The actual controller of Baile Electric is the State-owned Assets Supervision and Administration Commission of Tianjin Municipal People's Government [2]