NORTHKING TECH(SZ:002987) Xin Lang Zheng Quan·2025-11-02 07:44Core Viewpoint - On November 3, Beijing Beifang Information Technology Co., Ltd. announced that its controlling shareholder, Yuandao (Wenzhou) Venture Capital Partnership (Limited Partnership), completed a share reduction plan, reducing its holdings by 15.08 million shares, accounting for 1.74% of the total share capital [1][2]. Summary by Sections Share Reduction Plan Implementation - Yuandao Investment disclosed a share reduction plan on July 12, 2025, intending to reduce up to 26 million shares, or 3.00% of the total share capital, within three months through block trades and centralized bidding [2]. - During the implementation period, Yuandao Investment reduced 8.66 million shares at an average price of 22.30 CNY per share (1.00% of total share capital) through centralized bidding and 6.42 million shares at an average price of 18.97 CNY per share (0.74% of total share capital) through block trades, totaling 15.08 million shares [2]. Changes in Shareholding - Before the reduction, Yuandao Investment held 58.85 million shares, representing 6.78% of the total share capital. After the reduction, its holdings decreased to 43.76 million shares, or 5.05% of the total share capital [3]. - All shares reduced were unrestricted shares, and Yuandao Investment did not hold any restricted shares before or after the reduction [3]. Compliance Statement - The company emphasized that the share reduction plan complied with relevant laws and regulations, including the Securities Law of the People's Republic of China and the Shenzhen Stock Exchange Listing Rules, and did not violate any prior commitments made by Yuandao Investment [4]. - Following the reduction, Yuandao Investment still holds more than 5% of the company's shares, and any future changes in holdings will require adherence to relevant disclosure regulations [4].