Core Viewpoint - The company, Guanghuan Xinnet (SZ 300383), announced a share reduction plan by its major shareholders, which has been partially executed, with a focus on its revenue composition and current market valuation [1] Group 1: Share Reduction Plan - The controlling shareholder, Zhoushan Baihui Investment Partnership, plans to reduce its holdings by up to 1,311,437 shares, representing no more than 0.08% of the total share capital, between August 20, 2025, and November 19, 2025 [1] - The share reduction plan has been partially implemented, with approximately 1.18 million shares sold, accounting for 0.07% of the company's total shares [1] Group 2: Revenue Composition - For the first half of 2025, the company's revenue composition shows that the telecommunications service sector accounts for 98.6%, while other services contribute 1.4% [1] Group 3: Market Valuation - As of the report date, Guanghuan Xinnet has a market capitalization of 23.2 billion yuan [1]
光环新网:控股股东一致行动人合计减持约118万股,减持计划实施完毕