Economic Observation Network The second largest shareholder of Yiwei Group recently reduced its holdings, and the company has issued convertible bonds multiple times in the past year, resulting in equity dilution.

Executive reduction:
The second largest shareholder, Hexing Investment Limited, reduced its holdings by 90 million shares (accounting for approximately 10.8% of the total share capital) at HKD 1.19 per share on June 23, cashing out HKD 107 million This directly impacted market confidence and stock prices.

Corporate Structure and Governance:
To solve the funding problem, the company has issued convertible bonds multiple times in the past year and completed the conversion (such as issuing 149 million shares on July 9th), resulting in continuous dilution of equity. The latest issued share capital has increased to 996 million shares 。

The above content is based on publicly available information and does not constitute investment advice.