GalaxyCore (SH:688728) Shang Hai Zheng Quan Bao·2025-11-03 20:26Core Viewpoint - The announcement details a share reduction plan by a major shareholder of GeKowei Co., Ltd., indicating a potential liquidity need and the specifics of the reduction process [3][6]. Shareholder Holding Situation - As of the announcement date, Shanghai Chengyuan Technology Partnership holds 30,946,420 shares of GeKowei, representing 1.19% of the total share capital [2]. Reduction Plan Details - The shareholder plans to reduce their holdings by up to 30,946,420 shares through centralized bidding or block trading, with the reduction period starting 15 trading days after the announcement and lasting for three months [3][4]. - The reduction plan may be adjusted if there are changes in the company's share structure, such as stock dividends or capital increases [3]. Shareholder's Past Reduction Activity - The shareholder has made commitments regarding their shareholding, including restrictions on transferring shares for a specified period following the IPO [5][6]. Compliance and Regulatory Adherence - The shareholder has committed to comply with relevant laws and regulations regarding share reduction, including notifying the company in advance of any intended reductions [6][8].