Core Viewpoint - The report outlines the shareholding changes of Innovation New Materials Technology Co., Ltd. due to a share buyback and cancellation related to performance compensation agreements, resulting in a decrease in the shareholding ratio from 54.11% to 49.81% [10][12][14]. Group 1: Shareholding Changes - The shareholding of the information disclosing parties decreased by 4.29% due to the buyback and cancellation of 351,363,722 shares [10][12][19]. - Prior to the change, the total shares held by the information disclosing parties were 2,222,405,835, representing 54.11% of the total shares [19]. - After the change, the total shares held are 1,871,042,113, representing 49.81% of the total shares [19]. Group 2: Performance Compensation Agreement - The share buyback was executed as part of a performance compensation agreement due to the failure of the subsidiary, Shandong Innovation Metal Technology Co., Ltd., to meet its performance commitments [11][12]. - The cumulative net profit achieved by the subsidiary for the years 2022, 2023, and 2024 was 302,627.41 million RMB, with a performance commitment realization rate of 82.62% [11]. Group 3: Information Disclosing Parties - The information disclosing parties include Shandong Innovation Group Co., Ltd., Cui Lixin, Yang Aimei, Geng Hongyu, and Wang Wei, with respective shareholdings of 29.89%, 14.31%, 2.36%, 1.63%, and 1.63% [9][10]. - The parties are considered acting in concert, collectively holding 49.81% of the company's shares after the recent changes [9][10]. Group 4: Future Plans - There are currently no plans for the information disclosing parties to increase or decrease their shareholdings in the next 12 months [10][12].