FU-AN(SH:603315) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-08 00:24Group 1 - The company announced a capital reduction by its subsidiary Shanghai Fuan Jitie Technology Co., Ltd., where shareholder Shanghai Jitie Network Technology Co., Ltd. will exit its 29% stake through a capital reduction [2][4] - After the capital reduction, Shanghai Jitie will no longer hold any equity in Fuan Jitie, which will remain a subsidiary within the company's consolidated financial statements [2][4] - The capital reduction will decrease the registered capital of Fuan Jitie by RMB 101.5 million, and the transaction will not involve any cash payment as the exit price is zero [4][10] Group 2 - The capital reduction does not require approval from the company's board of directors or shareholders [3][7] - The transaction does not constitute a related party transaction or a major asset restructuring as defined by regulations [8][11] - Fuan Jitie has not commenced operations and has no financial data available, indicating that the capital reduction will not significantly impact the company's future financial status or operational results [9][11] Group 3 - The company held a performance briefing on November 7, 2025, to discuss its third-quarter results and engage with investors [12][13] - Key participants in the briefing included the chairman, general manager, and financial director, who addressed investor inquiries regarding business developments and financial performance [14][17] - The company emphasized its focus on improving operational efficiency and cash flow management to enhance future performance [17]