和而泰实控人拟减持不超2%股份，其逾五成股份已质押

Core Viewpoint - The share reduction plan announced by Liu Jianwei, the controlling shareholder and actual controller of Heertai, has caused significant fluctuations in the company's stock price, indicating market sensitivity to insider selling [2]. Group 1: Share Reduction Announcement - Heertai announced that Liu Jianwei plans to reduce his holdings by up to 18.42 million shares, which is no more than 2% of the company's total share capital, from January 28 to April 27, 2026 [2]. - The reason for the share reduction is primarily to repay pledged financing debts and meet personal funding needs [2]. Group 2: Share Pledge Details - As of December 31, 2025, Liu Jianwei had pledged approximately 76.76 million shares, accounting for over 55% of his total holdings [2]. Group 3: Market Reaction - Following the announcement of the share reduction, Heertai's stock price fell significantly, with an intraday drop exceeding 5%, ultimately closing down by 4.69% [2]. - As of January 7, 2026, Heertai's closing price was 38.80 yuan, giving the company a market capitalization of approximately 35.88 billion yuan [2]. - If Liu Jianwei sells the 18.42 million shares at the closing price, he would raise over 700 million yuan [2].