000700SZSE

Announcement on Changes in Controlling Shareholder's Equity Reaching 1% and 5% Thresholds

✨ AI Summary

Jiangnan Plastic Technology Co., Ltd. announces changes in its controlling shareholder's equity. Jiangnan Plastic Group Co., Ltd. transferred shares, resulting in a reduction of its total shareholding to 35.00% (321,305,470 shares). This change, which does not require a purchase and does not affect the company or its actual controller, involved a reduction of 0.81% in A Shares. The equity change is based on existing plans and does not impact the company's governance or operations.

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Jiangnan Plastic Technology Co., Ltd.

Regarding the changes in the controlling shareholder's equity reaching 1% and 5% thresholds, and the announcement of the simplified equity change report.

Special Notice:

  1. This equity change involves the transfer of shares by the controlling shareholder, Jiangnan Plastic Group Co., Ltd. (hereinafter referred to as "the Group"). The equity change does not require a purchase, nor does it affect Jiangnan Plastic Technology Co., Ltd. (hereinafter referred to as "the Company") or the actual controller.

  2. After this equity change, the total shares held by the controlling shareholder, Jiangnan Plastic Group Co., Ltd., are 321,305,470 shares, accounting for 35.00%. The equity ratio is 1% and 5% of the total shares.

The Company received the announcement from Jiangnan Plastic Group Co., Ltd. on May 14, 2026, regarding the equity change and the 1% and 5% thresholds. It was noted that as of May 11, 2026, the total shares held by the Company were 7,479,600 shares, accounting for 0.81%. The equity change does not affect the governance structure or business operations of the Company.

Stock TypeShares Held (10,000 shares)Reduction in Shares (10,000 shares)Reduction Ratio (%)
A Shares747.960.81
Total747.960.81

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