XILI TECHNOLOGY(SH:688616) Shang Hai Zheng Quan Bao·2026-01-21 19:26Core Viewpoint - The announcement details the shareholding changes of Hangzhou Xili Intelligent Technology Co., Ltd., specifically regarding the reduction of shares by major shareholders, which does not trigger a change in control or require a tender offer [1][4]. Shareholder Reduction Details - The shareholder Deqing Xili Technology Information Consulting Partnership (Limited Partnership) held 7,552,000 shares, accounting for 4.21% of the total share capital, and is an action in concert with the controlling shareholder, Song Yiran [2]. - The shareholder Deqing Juyuan Technology Information Consulting Partnership (Limited Partnership) held 5,298,000 shares, accounting for 2.95% of the total share capital, and is an action in concert with major shareholder, Zhou Xiaolei [2]. Implementation of Reduction Plan - The reduction plan was disclosed on November 17, 2025, with Deqing Xili planning to reduce up to 1,194,000 shares (0.67% of total share capital) and Deqing Juyuan planning to reduce up to 1,027,000 shares (0.57% of total share capital) [3]. - As of January 21, 2026, Deqing Xili successfully reduced 1,194,000 shares and Deqing Juyuan reduced 1,027,000 shares through fixed-price trading [3]. Changes in Shareholding Proportions - From January 20 to January 21, 2026, the total shares held by Deqing Xili and its concerted action partner decreased from 66,552,000 to 66,154,000, reducing their holding percentage from 37.10% to 36.88% [4]. - During the same period, the total shares held by Deqing Juyuan and its concerted action partner decreased from 30,534,000 to 30,191,000, reducing their holding percentage from 17.02% to 16.83% [4]. Compliance and Impact - The reduction does not trigger a tender offer and will not lead to a change in the company's controlling shareholder or significantly impact the governance structure and future operations of the company [4][7]. - The reduction plan was executed in accordance with relevant laws and regulations, and the actual reduction matched the previously disclosed plan [6].