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Jianghua Microelectronics Materials (Stock Code: 603078.SH) has disclosed that Yin Fuhua, a significant shareholder owning over 5% of the company's shares, who also serves as the chairman and general manager, is set to reduce his stake in the company. This move, driven by personal financial requirements, will be executed via centralized bidding and block trading mechanisms, spanning from November 21, 2025, to February 20, 2026. The planned divestment will not exceed 11,569,100 shares, constituting no more than 3% of the company's total outstanding shares. The shares earmarked for reduction originate from those acquired prior to the company's Initial Public Offering (IPO) and those obtained through the conversion of capital reserves into share capital, a common practice in corporate finance to optimize capital structure.
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