BEIJING EMERGING EASTERN AVIATION EQUIPMENT CO.(SZ:002933) Shang Hai Zheng Quan Bao·2025-11-19 18:28Core Viewpoint - The announcement details the planned share reduction by shareholders Dai Yue and Zhang Jin of Beijing Xinxing Oriental Aviation Equipment Co., Ltd, indicating their intention to sell a portion of their holdings within a specified timeframe [3][6][13]. Shareholder Information - Shareholder Dai Yue holds 16,718,587 shares, representing 14.25% of the total share capital, while Zhang Jin holds 157,347 shares, accounting for 0.13% of the total share capital [3][6]. Reduction Plan Details - Dai Yue plans to reduce up to 3,520,500 shares (3.00% of total share capital) within three months after a 15-trading-day period from the announcement date, with a maximum of 1% through centralized bidding and 2% through block trading [3][4][12]. - Zhang Jin intends to reduce his holdings by up to 157,347 shares (0.13% of total share capital) under similar conditions [3][4]. Reasons for Reduction - The primary reason for the share reduction is personal funding needs [6]. Compliance with Previous Commitments - The planned share reduction aligns with previous commitments made by the shareholders regarding share transfer limitations and lock-up periods [7][9][13]. - Both shareholders have committed to adhering to relevant laws and regulations during the reduction process [12][13]. Adjustment Clauses - The number of shares to be reduced will be adjusted in case of any corporate actions such as dividend distribution or capital increase [4]. Market Conditions - The reduction price will be determined based on market conditions at the time of the sale [5]. Documentation - The announcement includes the letters from shareholders regarding their share reduction plans [15].