Core Viewpoint - Wenzhou Hongfeng announced that its controlling shareholder and actual controller, Mr. Chen Xiao, plans to reduce his shareholding by up to 14.9 million shares, representing no more than 3% of the company's total share capital, within a specified timeframe [2] Group 1: Shareholding Details - Mr. Chen Xiao holds 156,138,612 shares, accounting for 31.42% of the company's total share capital [2] - The planned reduction will occur from February 24, 2026, to May 22, 2026, with a trading window that does not allow for further reductions [2] Group 2: Reduction Methodology - The share reduction will be executed through a combination of centralized bidding and block trading [2] - Up to 4.969 million shares (1% of total share capital) will be sold via centralized bidding [2] - Up to 9.931 million shares (2% of total share capital) will be sold through block trading [2]
温州宏丰:关于公司股东减持股份的预披露公告