Core Viewpoint - The major shareholder, Fujian Yili Group Co., Ltd., is reducing its stake in Fujian Nanping Sun Cable Co., Ltd., which may impact the company's shareholding structure and market perception [3][4]. Group 1: Shareholder Reduction Details - Fujian Yili Group plans to reduce its holdings by up to 21,670,011 shares, representing 3% of the total share capital, through centralized bidding and block trading from November 4, 2025, to February 3, 2026 [3]. - As of November 5, 2025, Yili Group has already reduced its holdings by 8,723,300 shares, which is 1.2% of the total share capital, decreasing its ownership from 16.36% to 15.16% [3]. - On November 6, 2025, Yili Group further reduced its holdings by 1,128,500 shares, bringing its ownership down to 15% [4]. Group 2: Compliance and Impact - The reduction in shareholding complies with relevant laws and regulations, including the Securities Law of the People's Republic of China and the Shenzhen Stock Exchange's rules [4]. - This change in shareholding will not lead to a change in the controlling shareholder or actual controller, nor will it significantly impact the company's governance structure or ongoing operations [4][5]. - The company will continue to monitor the implementation of the reduction plan and fulfill its information disclosure obligations [5].
福建南平太阳电缆股份有限公司关于持股5%以上股东减持公司股份触及5%的整数倍暨权益变动的提示性公告