TECHMATION(SH:603015) Zhong Guo Jing Ji Wang·2025-12-31 07:09Core Viewpoint - Hongxun Technology (603015.SH) announced a share reduction plan by its controlling shareholder's concerted action party, Ningbo Bangbang Trading Co., Ltd., due to personal financial needs, intending to reduce up to 12,126,570 shares, representing 3% of the total share capital [1]. Group 1: Shareholding Structure - As of the announcement date, the controlling shareholders, RED FACTOR LIMITED and Ningbo Bangbang, collectively hold 213,047,200 shares, accounting for 52.7059% of the total share capital [1]. - RED directly holds 157,089,300 shares, while Bangbang holds 55,957,900 shares, all acquired through agreement transfer [1]. Group 2: Reduction Plan Details - Bangbang plans to reduce its holdings through a combination of centralized bidding and block trading, with a maximum of 4,042,190 shares (1% of total share capital) through centralized bidding and 8,084,380 shares (2% of total share capital) through block trading [1]. - The reduction period is set for three months, starting 15 trading days after the announcement [1]. Group 3: Financial Implications - Based on the closing price of 12.91 yuan on December 30, the cash amount from Bangbang's share reduction is approximately 157 million yuan [2]. - RED completed a previous reduction plan, selling 4,042,100 shares (1% of total share capital) between July 2 and July 8, 2025, at prices ranging from 12.50 yuan to 12.83 yuan per share, totaling 51,263,424 yuan [2]. Group 4: Pledged Shares - As of the third quarter report, RED and Bangbang have pledged a total of 92 million shares [3]. - The pledged shares represent 22.76% of Hongxun Technology's total share capital of 404,219,000 shares [4].