BESTEK(SZ:300822) Zhong Guo Jing Ji Wang·2025-11-13 08:28Core Viewpoint - The announcement details the completion of a share reduction plan by specific shareholders of Beishidake, indicating a significant decrease in their holdings and the financial implications of this action [1][3]. Shareholder Reduction Plan - The shareholders, Qicai Management and Qimai Management, held a total of 11,700,000 shares, representing 3.7556% of the company's total share capital [2]. - The reduction plan allowed for a maximum sale of 9,298,731 shares, equating to 2.9848% of the total share capital [2]. - The reduction occurred through both centralized bidding and block trading, with specific limits on the number of shares sold via each method [2]. Implementation Details - From September 29, 2025, to November 12, 2025, a total of 8,345,408 shares were sold, which is 2.6788% of the total share capital [3]. - The average selling prices varied, with Qicai Management selling shares at prices ranging from 14.84 to 17.18 CNY per share [4]. Financial Outcome - The total cash generated from the share reduction amounted to approximately 131 million CNY [4]. Company Background - Beishidake was listed on the Shenzhen Stock Exchange on March 13, 2020, with an initial public offering price of 23.57 CNY per share [5]. - The company raised a total of 629 million CNY from its IPO, with net proceeds of 550 million CNY allocated for various projects including production and R&D [6].