PRIMARIUS(SH:688206) Shang Hai Zheng Quan Bao·2025-11-19 18:20Core Viewpoint - The announcement details the shareholding changes of major shareholders in Shanghai Gaolun Electronics Co., Ltd., specifically regarding the reduction of shares by over 5% shareholders and their concerted actions [1][7]. Shareholder Holdings Overview - Before the reduction plan, major shareholders included: - Jinqiu Investment held 25,405,813 shares (5.84%) - Jiacheng Investment held 7,895,794 shares (1.81%) - Jinggangshan JY Investment held 6,963,035 shares (1.60%) - Ruiqing Investment held 4,642,023 shares (1.07%) - Guoxing Tongying held 1,953,827 shares (0.45%) - Together, these shareholders held a total of 46,860,492 shares, representing 10.77% of the total share capital [2]. Reduction Plan Implementation Results - The reduction plan announced on July 31, 2025, allowed for a maximum reduction of 13,055,335 shares (3% of total share capital) within 90 days, with specific limits for different methods of sale [3]. Actual Reduction Results - From August 22 to November 19, 2025, the following reductions occurred: - Jinqiu Investment: 6,989,331 shares - Jiacheng Investment: 2,346,412 shares - Jinggangshan JY Investment: 1,650,307 shares - Ruiqing Investment: 929,471 shares - Guoxing Tongying: 371,856 shares - In total, 12,287,377 shares were reduced, accounting for 2.82% of the total share capital [4]. Equity Change Details - Between October 25 and November 19, 2025, an additional 4,525,000 shares were reduced, bringing the total holdings of these shareholders down from 39,098,115 shares (8.98%) to 34,573,115 shares (7.94%) [5][6]. Compliance with Reduction Plan - The actual reductions were consistent with the previously disclosed reduction plan, and the shareholders did not exceed the planned reduction amounts [6]. - The reduction did not trigger a mandatory tender offer and did not affect the control structure of the company [7].