YouYou Foods(SH:603697) Zhong Guo Jing Ji Wang·2025-12-03 06:52Summary of Key Points Core Viewpoint - The company Youyou Food (603697.SH) announced a share reduction plan by shareholder Lu Youming, intending to sell up to 1,100,000 shares, representing 0.26% of the total share capital, within a specified period from December 25, 2025, to March 24, 2026 [1][2]. Group 1: Shareholder Reduction Plan - Shareholder Lu Youming plans to reduce holdings by a maximum of 1,100,000 shares [2]. - The reduction will occur through centralized bidding and is set to take place from December 25, 2025, to March 24, 2026 [2]. - The reason for the reduction is personal financial needs [2]. Group 2: Financial Implications - Based on the closing price of 13.28 yuan on December 2, the estimated cash amount from the reduction is approximately 14.608 million yuan [2]. - As of the announcement date, Lu Youming holds 4,994,930 shares, accounting for 1.17% of the total share capital [2]. Group 3: Shareholder Background - The controlling shareholder of Youyou Food is Lu Youzhong, with actual control held by Lu Youzhong, Zhao Ying, and Lu Xin, who are family members [3]. - Zhao Ying, another actual controller, previously reduced her holdings by 12,830,700 shares, which is 3% of the total share capital, between July 17, 2025, and August 12, 2025 [3]. - The total amount from Zhao Ying's reduction was approximately 151.06 million yuan, with share prices ranging from 11.24 yuan to 12.94 yuan [3].