Core Viewpoint - The announcement reveals that Liu Jincheng, the controlling shareholder and chairman of Yifan Transmission, has reduced his shareholding by 1,909,221 shares, accounting for 2.4550% of the total share capital after deducting repurchased shares. The reduction plan is not yet complete [1][2]. Shareholding Reduction Details - Liu Jincheng's average selling price for the shares was 43.72 yuan, resulting in a total cash amount of approximately 83.47 million yuan [2]. - The share reduction included various transactions: - On February 6, 509,221 shares were sold at 46.61 yuan, representing 0.6548% of the pre-issue shares. - On February 9, 139,900 shares were sold at 47.21 yuan, representing 0.1799%. - On February 24, 60,000 shares were sold at 46.81 yuan, representing 0.0772%. - A block trade involved 642,000 shares sold at 42.23 yuan, representing 0.8255% [3]. - The total reduction plan is characterized as a normal reduction behavior by the shareholder and will not lead to a change in the company's control or governance structure [3]. Historical Context - Yifan Transmission was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on July 7, 2021, with an initial public offering of 9.33 million shares at a price of 58.31 yuan per share, raising a total of approximately 54.42 million yuan [6]. - The company planned to use the raised funds for the construction of production bases for energy storage and RV reduction motors, as well as for a research and development center [6].
奕帆传动实控人刘锦成拟套现约8300万 去年套现1.46亿