Core Viewpoint - The actual controller and chairman of Xinwei Communication, Peng Hao, plans to reduce his shareholding by up to 9.6376 million shares, representing 1% of the company's total share capital, due to personal financial needs, during the period from February 3, 2026, to May 2, 2026 [1] Group 1: Shareholding and Stock Performance - Peng Hao currently holds 188,503,533 shares, accounting for 19.56% of the company's total share capital [5] - Since December of the previous year, Xinwei Communication's stock has risen significantly, with a cumulative increase of 196.93% over 34 trading days from November 24, 2025, to January 12, 2026 [5] - On January 12, 2026, Xinwei Communication's stock closed up 10.59%, reaching a recent high of 88.47 yuan per share, with a final closing price of 83.11 yuan per share, resulting in a total market capitalization of 80.41 billion yuan [5] Group 2: Potential Cash-Out and Market Reaction - Based on the latest closing stock price, Peng Hao's planned share reduction could yield over 800 million yuan [6] - Following the announcement, Xinwei Communication's stock opened lower on January 13, 2026, dropping over 15% at one point, and closing at 77.54 yuan per share, down 6.7% [7] Group 3: Company Financial Performance - For the first three quarters of 2025, Xinwei Communication achieved revenue of 6.462 billion yuan, a year-on-year increase of 1.1%, while net profit attributable to shareholders decreased by 8.8% to 486 million yuan [10] - The company's operating cash flow net amount was 1.294 billion yuan, reflecting a year-on-year growth of 73.9% [10] - In the third quarter, the company reported revenue of 2.76 billion yuan, a year-on-year increase of 4.2%, and a net profit of 325 million yuan, down 1.8% [11]