Core Viewpoint - The announcement from Huahong Technology indicates that shareholder Zhou Shijie has completed a share reduction plan, selling a total of 12,750,510 shares, which represents 2.05% of the total share capital after excluding shares in the repurchase account [1] Summary by Relevant Sections - Shareholder Reduction Details - Zhou Shijie, who serves as a director and vice president of the company, reduced his holdings from 53,532,167 shares (8.62%) to 40,781,657 shares (6.57%) [1] - The reduction occurred between August 28, 2025, and October 30, 2025, through centralized bidding and block trading methods [1] - Source of Reduced Shares - The shares sold were sourced from those acquired during the 2015 issuance of shares for asset purchases and shares acquired in 2024 [1] - Impact on Company Control - The share reduction will not lead to a change in the company's control and is not expected to have a significant impact on the company's operations [1]
华宏科技:持股5%以上股东减持计划实施完成