Shang Hai Zheng Quan Bao·2025-11-04 18:57Core Viewpoint - The major shareholder, Dongfang Securities, plans to reduce its stake in Yingfang Microelectronics by up to 3% of the total share capital within three months, starting from November 26, 2025, due to project exit needs [1][2]. Group 1: Shareholder Information - The shareholder, Dongfang Securities, holds 43,717,565 shares, representing 5.19% of the total share capital as of October 31, 2025 [1]. - The shares held by Dongfang Securities are all unrestricted circulating shares [1]. Group 2: Reduction Plan Details - The maximum number of shares to be reduced is 25,184,680, which is up to 3% of the total share capital [1]. - The reduction will occur through two methods: a maximum of 8,394,893 shares (1% of total share capital) via centralized bidding and up to 16,789,787 shares (2% of total share capital) through block trading [1]. - The reduction period is set from November 26, 2025, to February 25, 2026, excluding any legally prohibited periods [2]. Group 3: Compliance and Commitments - The reduction plan aligns with the shareholder's previously disclosed intentions and commitments [4]. - Dongfang Securities is not subject to any restrictions on share reduction as per relevant regulations [5].