Core Viewpoint - Huang Xiaofeng, a major shareholder of Fangzhi Technology, plans to reduce his stake by up to 752,270 shares, representing no more than 3% of the total share capital, without affecting the company's control or governance structure [1]. Group 1: Shareholder Reduction Plan - Huang Xiaofeng holds 30,068,615 shares, accounting for 11.99% of the total share capital, and intends to reduce his holdings within three months starting from November 25, 2025 [1]. - The reduction will occur through centralized bidding and block trading, with a limit of 1% through centralized bidding and 2% through block trading over a 90-day period [1]. - The estimated cash amount from this reduction is approximately 135 million yuan based on the closing price of 17.89 yuan per share on November 3, 2023 [1]. Group 2: Historical Shareholding and Reductions - Huang Xiaofeng initially held 25,838,500 shares, which was 16.31% of the total share capital, and has cumulatively reduced his holdings by 560,720 shares since March 9, 2015, realizing approximately 99.69 million yuan [2]. - The historical reduction data shows various periods of share sales, with the highest average selling price recorded at 21.54 yuan per share during the first reduction in March 2015 [3].
方直科技实控人方拟套现1.35亿 此前累计套现9969万元