MAIXINLIN(SH:688685) Shang Hai Zheng Quan Bao·2025-11-17 19:45Core Viewpoint - Jiangsu Maxinlin Aviation Technology Co., Ltd. has announced a passive dilution of shareholding for shareholders holding more than 5% due to the completion of the first vesting period of the 2024 restricted stock incentive plan, resulting in their shareholding falling below 5% [2][3][4] Group 1: Shareholder Information - The equity change is a result of the completion of the first vesting period of the 2024 restricted stock incentive plan, leading to an increase in the total share capital of the company [2][3] - Following the increase in total share capital to 146,851,667 shares, shareholders Bai Bing and Xu Yinghui's shareholding percentages decreased from 5.00% to 4.95%, thus no longer qualifying as shareholders holding more than 5% [3][4] Group 2: Impact on Company Structure - The equity change will not result in any changes to the company's controlling shareholder or actual controller, nor will it affect the company's governance structure and ongoing operations [5][6] - The equity change does not require shareholders to submit a simplified equity change report [6] Group 3: Pledge Release Announcement - Xu Yinghui holds 7,271,333 shares, representing 4.95% of the current total share capital, and has released a pledge on 1,940,000 shares, leaving a total of 5,330,000 shares pledged, which is 3.63% of the total share capital [9][10] - The company will fulfill its information disclosure obligations in case of any significant changes regarding the pledge [12]