Core Viewpoint - Jiangsu Pioneer Precision Technology Co., Ltd. (referred to as "the Company" or "Pioneer Precision") announced a share reduction plan by its major shareholder due to personal funding needs, which will not significantly impact the company's governance structure or ongoing operations [3][13]. Group 1: Major Shareholder's Holdings - As of the announcement date, Jiangsu Pioneer Precision's major shareholder, Jingjiang Youlijia Enterprise Management Partnership (Limited Partnership) ("Youlijia Partnership"), holds 25,693,147 shares, accounting for 12.70% of the total share capital [2]. - All shares held by Youlijia Partnership were issued before the Company's initial public offering and have been tradable since December 12, 2025 [2]. Group 2: Share Reduction Plan Details - Youlijia Partnership plans to reduce its holdings by up to 6,071,395 shares, representing a maximum of 3.00% of the total share capital. This includes a maximum of 2,023,798 shares (1.00% of total capital) through centralized bidding and 4,047,597 shares (2.00% of total capital) through block trading [3][6]. - The reduction plan will be implemented within three months after 15 trading days from the announcement date, with the selling price determined by market conditions at the time of the sale [3][6]. Group 3: Compliance and Commitments - The major shareholder has made commitments regarding the lock-up period and reduction of shares, including not transferring shares within twelve months of the Company's listing and adhering to relevant regulations post-lock-up [7][8]. - If the shareholder fails to comply with these commitments, any profits from unauthorized share reductions will be returned to the Company, and the shareholder will compensate for any losses incurred by the Company [9][12].
江苏先锋精密科技股份有限公司关于持股5%以上股东减持股份计划公告