Group 1 - The core point of the news is that Beijing Biyuan Technology Co., Ltd. plans to reduce its holdings in Bixing Wulian by selling up to 785,189 shares, which is no more than 1% of the total share capital, from August 1, 2025, to October 31, 2025 [1] - As of the announcement date, Biyuan holds 9,600,000 shares in Bixing Wulian, accounting for 12.23% of the total shares, which were acquired before the company's initial public offering and became tradable on August 9, 2024 [1] - The reduction plan is aimed at optimizing the asset structure of Biyuan and meeting its own funding needs, and it will not significantly impact the governance structure or ongoing operations of Bixing Wulian [1] Group 2 - Bixing Wulian raised a total of 709.04 million yuan from its initial public offering, with a net amount of 623.44 million yuan after deducting issuance costs, which is 210.83 million yuan more than originally planned [2] - The company initially intended to raise 412.61 million yuan for projects related to smart ecological environment big data services, smart water big data traceability analysis services, and research center construction [2] - The total issuance costs (excluding VAT) amounted to 85.59 million yuan, with underwriting and sponsorship fees accounting for 55.06 million yuan [2]

Group 1 - The major shareholder, Wuxi Guolian Industrial Upgrade Investment Center, plans to reduce its stake in Longda Co., Ltd. by up to 2,468,571 shares, which is no more than 1% of the total share capital [1] - As of the announcement date, Guolian holds 21,556,321 shares, accounting for 8.73% of the total share capital [1] - The reduction will occur through centralized bidding within three months after the announcement, with a limit of 1% of total shares in any consecutive 90-day period [1] Group 2 - Longda Co., Ltd. was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on July 22, 2022, with an initial offering price of 39.08 yuan [3] - The company raised a total of 241,179.43 million yuan from its initial public offering, with a net amount of 220,127.16 million yuan, exceeding the original plan by 120,127.16 million yuan [3] - The funds raised are intended for a technical transformation project to increase the annual production of aviation-grade high-temperature alloys by 10,000 tons, a new research and development center, and to supplement working capital [3]