Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-07 06:41Core Viewpoint - The major shareholder, Hangzhou HeYing No.1 Enterprise Management Partnership (Limited Partnership), has completed a share reduction plan, decreasing its stake in Heilongjiang Transportation Development Co., Ltd. from 5.93% to 4.97% through a series of transactions [1][3]. Group 1: Shareholder Information - Before the share reduction plan, Hangzhou HeYing held 78,000,000 shares, representing 5.93% of the total share capital of the company [1]. - After the share reduction, Hangzhou HeYing now holds 64,945,400 shares, which is 4.97% of the total share capital [3]. Group 2: Share Reduction Plan Implementation - The share reduction plan was announced on September 9, 2025, allowing Hangzhou HeYing to reduce its holdings by up to 13,158,786 shares, or 1% of the total share capital, within three months [2]. - The actual reduction occurred between October 17 and December 4, 2025, during which Hangzhou HeYing sold 13,054,600 shares, equating to exactly 1% of the total share capital [2]. - The company confirmed that the share reduction was executed in compliance with relevant laws and regulations, and the actual reduction matched the previously disclosed plan [6].