Core Viewpoint - Hubble Technology Venture Capital Co., Ltd. has completed its share reduction plan for Tianyue Advanced Technology Co., Ltd., selling a total of 3.8769 million shares, which is 0.8% of the company's total share capital, for approximately 315 million yuan [1][4]. Group 1: Reduction Plan Background - Tianyue Advanced announced on September 27, 2025, that Hubble Investment planned to reduce its holdings by up to 387.6948 million shares, representing no more than 0.80% of the total share capital, due to internal decisions and exit needs [2]. - The reduction period was set from October 28, 2025, to December 26, 2025, starting 15 trading days after the announcement [2]. Group 2: Pre-Reduction Shareholding Situation - Before the reduction, Hubble Investment held 27.2625 million shares, accounting for 5.63% of the total share capital, all acquired prior to the company's initial public offering and listed for trading since January 12, 2023 [3]. Group 3: Reduction Plan Implementation Details - As of December 26, 2025, Hubble Investment completed its reduction plan, selling 3,876,948 shares at prices ranging from 66.99 to 94.39 yuan per share, totaling approximately 315.3 million yuan [4]. - After the reduction, Hubble Investment retained 23.3855 million shares, reducing its ownership percentage from 5.63% to 4.83%, while still being a major shareholder with over 5% ownership [4]. - The company stated that this reduction was a normal behavior based on the shareholder's funding needs and would not significantly impact the company's governance structure or ongoing operations [4].