The impact of the latest regulations on reducing holdings issued by the China Securities Regulatory Commission is further reflected. On the evening of August 29th, as of the press release of Shanghai Securities News, another 40 listed companies announced that their shareholders had terminated their reduction plans ahead of schedule. The day before, more than 10 listed companies had announced the termination of shareholder reduction. According to statistics by reporters, out of the 40 companies mentioned above, 26 have touched the relevant provisions of the new regulations for reducing their holdings, with the highest number of companies that have not paid dividends within three years, reaching 18. In addition, 7 companies experienced breakdowns, 2 companies experienced breakdowns, and 4 companies had accumulated cash dividends in the past three years that were less than 30% of their average annual net profit in the past three years. Some companies trigger two limiting indicators simultaneously. The other 14 companies do not touch on the relevant provisions in the new regulations on reducing holdings, and the person who terminates the reduction may not necessarily be the controlling shareholder, actual controller, or concerted action person limited by the new regulations on reducing holdings. These listed companies and senior management personnel responded to the policy by actively stopping their holdings reduction, reflecting their optimistic attitude towards the future market. The team that terminated the shareholding reduction plan quickly expanded. The reporter found that among the 40 listed companies mentioned above, "no dividends in three years" became the indicator that the most companies touched. For example, Zhangqu Technology announced that in accordance with the regulations of the China Securities Regulatory Commission to further regulate the reduction of shares, and taking into account the company's situation, Liu Huicheng, the company's largest shareholder, has decided to terminate the aforementioned share reduction plan in advance. Previously, Liu Huicheng planned to reduce his holdings by no more than 1% of the company's total share capital. The reporter found through inquiry that Zhangqu Technology belongs to the situation of "no dividend in three years" listed in the new regulations for reducing its holdings. The broken hair beauty makeup has experienced a situation where the reduction plan was withdrawn on the evening of its release. On the evening of the 29th, Li Ren Li makeup originally announced a new shareholding reduction plan. Shanghai Li Ren Venture Capital Partnership (Limited Partnership), which holds more than 5% of the company's shares, and its concerted action person Yangzhou Li Xiu Venture Capital Partnership (Limited Partnership) plan to reduce their total shareholding by no more than 1.75% of the company's total share capital. Although the two partnership enterprises are not controlling shareholders, actual controllers, or concerted parties, one of the partners of Shanghai Liren Venture Capital Partnership (Limited Partnership) is Huang Tao, the controlling shareholder and actual controller of the company. On the evening of the announcement, Beauty Beauty also announced that the shareholders had made other arrangements considering their own financial needs and decided to withdraw their shareholding reduction plan. In addition to companies that have passively stopped reducing their holdings due to restrictions, 14 shareholders of non reduction restricted companies have announced early termination of their holdings. For example, Zhongke Soft announced that three senior management personnel had terminated their shareholding reduction, while Kaizhong Precision announced that its directors and deputy general managers had terminated their shareholding reduction. Neither of these two companies has triggered any new regulations related to holdings reduction. Some employee shareholding platforms have cancelled their reduction plans, and employee shareholding platforms and investment institutions related to controlling shareholders have also withdrawn their reduction plans. On the evening of August 29th, Kangxinuo announced that three employees, namely Tianjin Qianyi Enterprise Management Partnership (Limited Partnership), Tianjin Qianrui Enterprise Management Partnership (Limited Partnership), and Tianjin Qianzhi Enterprise Management Partnership (Limited Partnership), of which Zhu Tao, the controlling shareholder, one of the actual controllers, executive director, and deputy general manager of the company, served as general partners
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：economic daily
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