Core Viewpoint - The major shareholder of Zhongji Xuchuang (300308.SZ), Shandong Zhongji Investment Holding Co., plans to reduce its stake by up to 5.5 million shares, representing 0.49% of the company's total shares, within the next three months [1] Group 1: Shareholder Actions - Shandong Zhongji currently holds 127 million shares, accounting for 11.42% of the total shares, and will conduct the reduction through block trading [1] - Wang Xiaodong, a director and executive vice president of Zhongji Xuchuang, has previously reduced his holdings and plans to cash out all of his unrestricted shares [1][2] - Wang Xiaodong's reduction plan involves selling up to 719,052 shares, which is 0.06% of the total shares [1][2] Group 2: Stock Performance - Zhongji Xuchuang's stock price has surged dramatically, reaching a historical high of 457.01 yuan on September 23, marking a 580% increase from the low of 67.2 yuan on April 9 [2] - Despite a pullback to 413.7 yuan on September 26, the stock has still risen over 515% year-to-date [2] - The combined wealth of Wang Wei Xiu and Wang Xiaodong, based on the September 26 closing price, exceeds 70 billion yuan [2] Group 3: Other Shareholder Reductions - On September 18, it was reported that Suzhou Yixingfu, controlled by the chairman Liu Sheng, reduced its holdings by 4.6341 million shares, or 0.4171% of the total shares [3] - Other major shareholders, including Hong Kong Central Clearing Limited, have also reduced their stakes significantly over the past year [3] - Zhongji Xuchuang specializes in high-speed optical module solutions, serving sectors such as cloud computing data centers, data communication, 5G wireless networks, telecommunications, and fixed network access [3]