TENGEN(SH:605066) Ge Long Hui A P P·2025-11-05 08:57Core Viewpoint - Tianzheng Electric (605066.SH) announced a share reduction by its actual controller and concerted parties, indicating a shift in ownership structure and potential implications for investor sentiment [1] Share Reduction Details - On November 5, 2025, Gao Tianle reduced his holdings by 1.194 million shares through centralized bidding and 3.43 million shares via block trading, while Gao Xiao reduced his holdings by 1.9 million shares through centralized bidding [1] - The total shares reduced by the shareholders amounted to 6.524 million shares, representing a total reduction ratio of 1.29% [1] - The combined shareholding of the actual controller and concerted parties decreased from 41.84% to 40.55%, with the equity change touching the 1% threshold [1]