topstar(SZ:300607) Xin Lang Cai Jing·2025-12-31 11:52Core Viewpoint - The specific shareholder Yang Shuangbao of Guangdong Tosstar Technology Co., Ltd. has completed a share reduction plan ahead of schedule, having reduced his holdings by 5.6403 million shares, which is approximately 1.1938% of the company's total share capital, nearing the original planned reduction limit [1][2]. Group 1: Share Reduction Details - The share reduction plan was initially announced on December 1, 2025, with a timeline from December 5, 2025, to March 4, 2026, allowing for a maximum reduction of 5.6405 million shares [2]. - Yang Shuangbao has completed the reduction of 5.6403 million shares, which is only 169 shares short of the planned maximum, indicating a significant execution of the reduction strategy [2]. Group 2: Changes in Shareholding Structure - Following the reduction, Yang Shuangbao's total holdings decreased from 22.5623 million shares (4.7751% of total share capital) to 16.922 million shares (3.5814%), reflecting a decline of 1.1937 percentage points [3]. - The number of unrestricted shares held by Yang Shuangbao dropped significantly from 5.6406 million shares (1.1938%) to just 252 shares, indicating nearly complete divestment of unrestricted shares [3]. Group 3: Compliance and Commitment - The announcement confirms that the share reduction plan was executed in compliance with relevant regulations, including the Shenzhen Stock Exchange's rules and the Interim Measures for the Administration of Share Reduction by Shareholders of Listed Companies [4]. - Yang Shuangbao's actions did not violate any commitments made during the initial public offering, including restrictions on share transfers during his tenure and specific periods after leaving the company [4]. - The reduction of shares will not lead to a change in the company's control or significantly impact its governance structure and ongoing operations [4].