Focus Lightings Tech chairman completes share reduction plan
Pan Huarong, the controlling shareholder, chairman, and general manager of Focus Lightings Tech (SZSE:300708), has completed a share reduction plan that saw his holdings decrease by 9,340,000 shares. This transaction, executed via concentrated bidding from September 26 to October 17, 2025, represented 0.99% of the company's total share capital, with an average reduction price of 9.2367 yuan.
Following this reduction, Pan Huarong's total shareholding in Focus Lightings Tech decreased from 187,406,668 shares to 178,066,668 shares. This change shifted his ownership percentage from 19.29% to 18.97%, triggering a notification as it crossed an integer multiple of 1% in shareholding. The reduction was within the scope of the previously disclosed plan.
The company confirmed that the share reduction plan did not result in a change of control for Focus Lightings Tech and would not impact the company's ongoing operations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Focus Lightings Tech publishes news
Free account required • Unsubscribe anytime