Sponsorship Institution Name:
Nanjing Securities Co., Ltd.
Listed Company A Share Abbreviation:
Hongtaiyang
Sponsorship Representative Name:
Liu Zhaoyin
Listed Company A Share Code:
000525
Reporting Year:
2025
Report Submission Date:
May 28, 2026
This sponsorship institution guarantees the authenticity, accuracy, and completeness of the content of the sponsorship work report and bears joint liability for any false records, misleading statements, or significant omissions in the report.
1. Relevant Information on the Sponsored Listed Company's Equity Division Reform Plan
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Basic Information on the Equity Division Reform Plan The equity division reform plan of Nanjing Hongtaiyang Co., Ltd. (hereinafter referred to as "Hongtaiyang") was approved by the relevant shareholders' meeting on May 29, 2006. The content of this equity division reform plan includes that every 10 shares held by all circulating shareholders will receive 3.4 shares as compensation from the non-circulating shareholders, totaling 43,998,000 shares to be distributed by the controlling shareholder, Hongtaiyang Group Co., Ltd. (hereinafter referred to as "Hongtaiyang Group"). On the first trading day after the implementation of the equity division reform plan, the non-circulating shares held by non-circulating shareholders will gain the right to be listed and traded.
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Implementation Status of Hongtaiyang's Equity Division Reform The A-share equity registration date for the implementation of Hongtaiyang's equity division reform plan was June 6, 2006, and the listing date for the compensation shares was June 7, 2006.
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No Additional Compensation Arrangements for the Equity Division Reform Plan of Hongtaiyang.
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The Listing and Trading Situation of Limited Circulation Shares Formed by the Equity Reform in 2025 is None.