TECHMATION(SH:603015) Zhong Guo Jing Ji Wang·2025-12-31 07:11Core Viewpoint - Hongxun Technology (603015.SH) announced a share reduction plan by a significant shareholder, indicating potential liquidity changes and shareholder dynamics within the company [1]. Group 1: Shareholding Structure - As of the announcement date, the controlling shareholders RED FACTOR LIMITED and Ningbo Bangbang Trading Co., Ltd. collectively hold 213,047,200 shares, representing 52.7059% of the total share capital [1]. - RED directly holds 157,089,300 shares (38.86% of total shares), while Bangbang holds 55,957,900 shares (13.84% of total shares) [5]. Group 2: Share Reduction Plan - Bangbang plans to reduce its holdings by up to 12,126,570 shares, which is not more than 3% of the total share capital, due to personal financial needs [1]. - The reduction will occur through a combination of centralized bidding (up to 4,042,190 shares, approximately 1%) and block trading (up to 8,084,380 shares, approximately 2%) over a period of three months, starting 15 trading days after the announcement [1]. Group 3: Recent Share Reduction Activity - On July 8, 2025, RED completed a share reduction plan, having sold 4,042,100 shares (1% of total shares) during the reduction period, generating approximately 51.26 million yuan [2]. - The share reduction price ranged from 12.50 yuan to 12.83 yuan per share [2]. Group 4: Pledged Shares - As of the third quarter of 2025, RED and Bangbang have pledged a total of 92 million shares, which accounts for 22.76% of Hongxun Technology's total share capital [3][4].