Xinxiang Micro: Shareholders holding more than 5% of the shares reduce their holdings, resulting in changes in equity that meet the 1% threshold.
Xinxiang Wei announced that on November 4, 2025, the company received a notification letter from shareholder Ke Hongxin Youshi Company Limited, who holds more than 5% of the shares. They sold 1,047,600 shares through centralized bidding from October 29 to November 4, accounting for 0.2280% of the total shares, reducing their stake from 6.23% to 6.00%. This equity change triggered a 1% threshold. This reduction is part of a previously disclosed reduction plan. As of the date of this announcement, the reduction plan has not been fully implemented, and it will not have a significant impact on corporate governance or trigger a tender offer.
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