FilingReader Intelligence

Rongda Photosensitive controlling shareholders complete share reduction

November 20, 2025 at 09:41 AM UTCBy FilingReader AI

Shenzhen Rongda Photosensitive & Technology Co. (300576) confirmed that its controlling shareholders and their concert parties—Lin Haiwang, Yang Yuchun, Huang Yong, and Liu Qisheng—have completed their share reduction plan. The plan, initially disclosed on July 30, 2025, involved the sale of 5,933,380 shares, representing 1.6195% of the company's total share capital. The transactions occurred between August 28, 2025, and November 17, 2025, through various methods including competitive bidding and block trades.

Lin Haiwang sold 25,000 shares at an average of yuan 40.52 per share and 160,000 shares at yuan 40.60. Yang Yuchun offloaded 910,000 shares through after-hours competitive bidding, while Huang Yong sold 200,000 shares via competitive bidding at yuan 40.87. Liu Qisheng conducted block trades totaling 3,663,000 shares at average prices of yuan 37.19 and yuan 37.67, and an additional 683,380 shares through competitive bidding.

The company verified that the share reduction adhered to regulatory requirements and did not lead to a change in company control or impact its governance structure and continuous operations. The total number of shares reduced did not exceed the amount stipulated in the original plan.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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