TGC(SZ:300265) Zhong Guo Jing Ji Wang·2026-02-27 08:20Group 1 - The controlling shareholder, Tongguang Group, plans to reduce its stake in Tongguang Cable by up to 14,028,000 shares, representing no more than 3% of the total share capital, within three months from March 20, 2026, to June 19, 2026 [1] - The planned reduction includes a maximum of 4,676,000 shares through centralized bidding and 9,352,000 shares through block trading [1] - Based on the closing price of 18.30 yuan per share, the total cashing out from this reduction is approximately 257 million yuan [1] Group 2 - Chairman and General Manager Zhang Zhong plans to reduce his stake by up to 98,300 shares, which is no more than 0.0210% of the total share capital, also within the same three-month period [1] - Zhang Zhong is not the controlling shareholder or actual controller, and this reduction is considered a normal behavior that will not lead to a change in company control or significantly impact governance and ongoing operations [2] - The company raised approximately 780 million yuan through a specific issuance of shares, with a net amount of about 769 million yuan after deducting related issuance costs [2]