四川和谐双马股份有限公司两大持股5%以上股东拟大规模减持股份
重要看点与详细解读
四川和谐双马股份有限公司（证券代码：000935，简称“四川双马”）于2026年5月13日发布公告，披露公司两大持股5%以上的股东计划减持所持股份。该消息对投资者具有重要影响，或将对公司股价带来波动。
一、减持主体及持股情况
- 中国中信金融资产管理股份有限公司（简称“中信金融资产”）目前持有四川双马46,738,793股，占总股本的6.1221%。计划在公告披露起15个交易日后的90个自然日内，通过集中竞价和大宗交易方式合计减持不超过9,465,200股（占总股本1.2398%）。
- 中融人寿保险股份有限公司－传统产品（简称“中融人寿”）当前持有44,349,267股，占总股本的5.8091%。拟在同一期间通过集中竞价方式减持不超过6,489,200股（占总股本0.8500%）。
二、减持计划具体内容
- 减持原因：两位股东均表示减持系自身经营需求，并非因对公司基本面或发展前景持有消极态度。
- 股份来源：所减持股份均为协议转让所得股份。
- 减持方式：
- 中信金融资产：集中竞价（不超过7,572,200股，占剔除回购股本1.0000%），大宗交易（不超过1,893,000股，占剔除回购股本0.2500%）。
- 中融人寿：全部为集中竞价方式。
- 减持期间：2026年6月3日至2026年8月31日（自公告披露之日起15个交易日后的连续90个自然日）。
- 减持价格区间：将根据减持时市场价格和交易方式确定，未设定具体价格下限。
- 特殊调整：若减持期间公司发生送股、资本公积金转增股本等股份变动事项，减持数量将作相应调整。
- 相关承诺与合规：截至公告日，两家股东均无与拟减持股份相关的承诺或特别持股意向，也不涉及深圳证券交易所上市公司自律监管指引第18号中禁止减持的情形。
三、投资者须知及潜在影响
- 减持规模较大，或引发市场关注：两大股东合计最多减持约15,954,400股（约占总股本2.09%），为公司较大规模的减持，可能对股价造成一定压力，特别是在减持期间内需关注股价波动及市场情绪变化。
- 实际减持数量、价格和时间存在不确定性：两大股东将根据市场情况和相关规定实施减持计划，实际操作可能受市场价格、流动性等因素影响。
- 公司控制权不变：两位减持股东均非公司控股股东或实际控制人，减持后不会导致公司控制权变更，对公司持续经营无重大影响。
- 投资者需密切关注后续进展：公司将按规定及时披露减持计划实施进展，建议投资者关注相关公告，合理评估投资风险。
四、备查文件
- 中信金融资产与中融人寿出具的《股份减持计划告知函》。
结语
四川双马两大重要股东的集中减持计划无疑将对公司股价及市场情绪带来影响，投资者需高度关注减持实施的具体进展及市场反应。建议持股投资者谨慎决策，关注公司后续公告。
免责声明：本文内容仅供投资者参考，不构成任何投资建议。股市有风险，投资需谨慎。请投资者据此作出独立判断，并承担相应投资风险。
English version:
Two Major 5%+ Shareholders of Sichuan Hexie Shuangma to Reduce Holdings Substantially
Key Highlights and Detailed Analysis
Sichuan Hexie Shuangma Co., Ltd. (Stock Code: 000935, “Sichuan Shuangma”) announced on May 13, 2026, that two of its major shareholders, each holding over 5% of the company’s shares, plan to reduce their stakes substantially. This development is significant for investors and may trigger volatility in the company’s share price.
1. Shareholders and Their Holdings
- China Cinda Asset Management Co., Ltd. (“Cinda Asset”) currently holds 46,738,793 shares of Sichuan Shuangma (6.1221% of total share capital). It plans to reduce its holdings by up to 9,465,200 shares (1.2398% of total share capital) via both block trades and centralized bidding within 90 days, starting 15 trading days after disclosure.
- Zhongrong Life Insurance Co., Ltd. – Traditional Products (“Zhongrong Life”) holds 44,349,267 shares (5.8091% of total share capital) and plans to sell up to 6,489,200 shares (0.8500% of total share capital) via centralized bidding during the same period.
2. Details of the Sell-down Plans
- Reason for Sale: Both shareholders cite “own operational needs,” not a lack of confidence in the company’s fundamentals or outlook.
- Share Source: All shares to be sold are from previous agreement-based transfers.
- Method of Sale:
- Cinda Asset: Up to 7,572,200 shares by centralized bidding (no more than 1.0000% of adjusted share capital), up to 1,893,000 shares by block trades (no more than 0.2500% of adjusted share capital).
- Zhongrong Life: All via centralized bidding.
- Sale Window: June 3, 2026 to August 31, 2026 (90 calendar days, starting 15 trading days after this announcement).
- Price Range: To be determined by market price and transaction method at the time of sale; no floor specified.
- Adjustments: If the company undergoes stock splits, bonus issues, or capital reserves to share capital conversions during the sell-down period, the maximum number of shares to be sold will be adjusted accordingly.
- Commitments and Compliance: Neither shareholder has made any promises restricting the sale, and both comply with all Shenzhen Stock Exchange regulatory requirements.
3. What Investors Should Know & Potential Price Impact
- Large-scale sell-down may pressure the share price: The two shareholders could sell a combined maximum of 15,954,400 shares (about 2.09% of total capital), a sizable amount that could put downward pressure on the stock, especially during the sell-off window.
- Uncertainty in actual sale amount, price, and timing: The actual execution will depend on market conditions, liquidity, and shareholder discretion within regulatory frameworks.
- No change in company control: Neither shareholder is a controlling or actual controlling shareholder, so company control will not change; no major impact on ongoing operations.
- Investors should closely monitor further disclosures: The company will provide timely updates on the implementation of the sell-down. Investors should track these updates and assess risks accordingly.
4. Reference Document
- “Share Reduction Plan Notification Letter” issued by Cinda Asset and Zhongrong Life.
Conclusion
The large-scale reduction by two key shareholders of Sichuan Shuangma is likely to impact the share price and market sentiment. Investors are advised to closely follow the situation and subsequent announcements, and act prudently.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. The stock market carries risks; investors should make independent decisions and assume their own risk.
