Zhong Guo Jing Ji Wang·2025-11-05 03:23Core Viewpoint - The company Li Qun Co., Ltd. (601366.SH) announced a share reduction plan by its director and vice president Hu Peifeng, intending to sell up to 710,000 shares, which represents 0.08% of the total share capital, due to personal financial needs [1][2]. Summary by Relevant Sections Share Reduction Plan - Hu Peifeng plans to reduce his holdings within three months starting from 15 trading days after the announcement, excluding periods when share reductions are legally restricted [1]. - The maximum number of shares to be sold is 710,000, which is 25% of his total holdings at the end of the previous year [1][2]. Financial Implications - Based on the closing price of 4.59 yuan per share on November 4, the estimated cash amount from this reduction is approximately 3.2589 million yuan [2]. - Hu Peifeng initially held 3.8029 million shares, accounting for 0.44% of the total share capital, and has previously reduced his holdings by 950,000 shares, cashing out around 4.7928 million yuan [2]. Historical Share Reduction Data - The previous share reductions occurred between July 29, 2024, and August 9, 2024, with various prices and total cash amounts detailed [3]. - The cumulative cash from past reductions amounts to 4.7928 million yuan [3]. Fundraising Activities - The company issued 18 million convertible bonds in April 2020, raising a total of 1.8292869 billion yuan, with net proceeds after expenses amounting to 1.7892869 billion yuan [4]. - The total fundraising amount from the company's public offering was 1.55232 billion yuan, with net proceeds of 1.50699 billion yuan after underwriting fees [5].