NEO(SH:600184) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-15 23:17Core Viewpoint - Hubei Wufang Optoelectronics Co., Ltd. announced the completion of a share reduction plan by its controlling shareholder's concerted actor, Wufang Qunxing, which involved a reduction of up to 2,688,400 shares, accounting for 0.93% of the total share capital after excluding shares in the company's repurchase account [1][2]. Shareholder Reduction Situation - The shares reduced were sourced from the company's pre-IPO shares, with a reduction price range between 14.76 yuan/share and 15.79 yuan/share [2]. - The reduction plan was executed within the specified timeframe from August 15, 2025, to November 14, 2025, and the actual reduction was consistent with the previously disclosed plan [3][4]. Compliance and Impact - The share reduction adhered to relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China, and did not violate any commitments [3]. - The reduction will not lead to a change in the company's control or significantly impact its governance structure and ongoing operations [4]. Documentation - The company has made available the notice from Wufang Qunxing regarding the completion of the share reduction plan [5].