Company Summary - Qingniao Fire Protection announced that supervisor Wang Guoqiang plans to reduce his holdings by up to approximately 190,000 shares, which accounts for 0.02% of the company's total share capital, within three months starting from October 10, 2025 [1] - As of the latest report, Qingniao Fire Protection has a market capitalization of 9.6 billion yuan [1] Industry Overview - For the first half of 2025, Qingniao Fire Protection's revenue composition is as follows: 95.31% from the fire safety products industry, 2.55% from fire safety services, and 2.14% from other products and services [1]