OKE(SH:688308) Shang Hai Zheng Quan Bao·2025-12-23 20:15Core Viewpoint - The company, Zhuzhou Oke Yi Precision Tool Co., Ltd., announced a share reduction plan by its shareholder Yuan Meihe, who intends to sell up to 3,000,000 shares, representing 1.89% of the total share capital, due to personal funding needs [3][4]. Shareholder Holding Situation - As of the announcement date, shareholder Yuan Meihe holds 27,170,076 shares, accounting for 17.11% of the company's total share capital, which are all tradable shares [2]. Details of the Reduction Plan - The share reduction will occur within three months after 15 trading days from the announcement date. The reduction can be executed through centralized bidding or block trading, with specific limits on the number of shares that can be sold within any 90-day period [3][4]. Shareholder Commitments - Yuan Meihe made commitments regarding shareholding, including a lock-up period of 36 months post-IPO, during which he will not transfer or propose buybacks of his shares. If the stock price falls below the IPO price for 20 consecutive trading days, the lock-up period will extend by an additional six months [5][6]. Control and Stability - The reduction will not lead to a change in control of the company, as Yuan Meihe remains a significant shareholder alongside another controlling shareholder, Tan Wenqing. The reduction is not expected to have a major impact on the company's ongoing operations [8]. Compliance with Regulations - The share reduction plan complies with relevant laws and regulations, including the Securities Law of the People's Republic of China and the Shanghai Stock Exchange's guidelines for shareholder reductions [12].