Group 1 - The core point of the article is that Aywei Co., Ltd. is advancing a private placement to raise 710 million yuan while its directors are simultaneously reducing their holdings in the secondary market, raising questions about the timing and implications of these actions [1][2][3] - Aywei Co., Ltd. plans to issue up to 99,726,887 shares to Yangzhou Chanfang Group, with the fundraising amount reduced to 710 million yuan, resulting in Yangzhou Chanfang Group becoming the controlling shareholder with a 15.35% stake [1] - The share price of Aywei Co., Ltd. has increased significantly, from the adjusted private placement price of 7.21 yuan per share in June 2025 to 11.83 yuan as of September 24, 2025, representing a price difference of 60% [2] Group 2 - Key executives, including directors Zhu Pengcheng and Shi Jinxia, collectively sold over 3 million shares between May 21 and August 20, 2025, raising approximately 30 million yuan [2] - The planned share reduction by Chairman Leng Zhibin is set to occur within three months after the announcement, with a maximum of 3,462,330 shares to be sold, potentially generating over 30 million yuan if completed at current prices [3] - The market is questioning whether the valuation benefits from the state-owned enterprise's entry are being prematurely harvested by the directors through their share reductions [3]