Lianwei has announced that its controlling shareholder's concert party group — consisting of Ningbo Hongxianghe, Ningbo Hongwan, and Shanghai Jinruida — previously reduced their combined holdings by 7.7 million shares through centralized bidding. This reduction represents 1% of the company's total share capital, bringing the group's aggregate shareholding ratio down from 22.58% to 21.58% and triggering disclosure requirements for a 1% equity change. As of the announcement date, the disclosed reduction plan has been fully completed. This change does not trigger a mandatory tender offer and will not result in any change to the company's controlling shareholder or actual controller.