- Securities Code: 001225
Securities Abbreviation: Hetai Electromechanical
Announcement Number: 2025-055
Hangzhou Hetai Electromechanical Co., Ltd. announces the pre-disclosure regarding the share reduction by shareholders holding more than 5%. The shareholder, Hangzhou Haitai Jinghua Venture Capital Partnership (Limited Partnership), guarantees that the information provided to the company is true, accurate, and complete, without false records, misleading statements, or significant omissions. The company and all members of the board of directors ensure that the announcement content is consistent with the information provided by the information disclosure obligor.
Special Reminder: The shareholder, Hangzhou Haitai Jinghua Venture Capital Partnership (Limited Partnership), which holds 8,500,000 shares (12.90% of the total share capital), plans to reduce its holdings of the company's shares by no more than 1,959,756 shares (2.98% of the total share capital) within three months starting from 15 trading days after the announcement date (i.e., from December 4, 2025, to March 3, 2026), through centralized bidding or block trading. Among these, the reduction through centralized bidding will not exceed 658,668 shares (1.00% of the total share capital), and the reduction through block trading will not exceed 1,317,336 shares (2.00% of the total share capital).
Hangzhou Hetai Electromechanical Co., Ltd. (hereinafter referred to as "the Company") recently received a notification letter from the shareholder, Hangzhou Haitai Jinghua Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Haitai Jinghua"), regarding the share reduction plan. The relevant situation is announced as follows:
1. Basic Information of the Shareholder
Haitai Jinghua is an employee shareholding platform established before the company's initial public offering (IPO) and does not have a concerted action relationship with the company's controlling shareholder or actual controller. As of the date of this announcement, its shareholding in the company is as follows:
| Shareholder Name | Shareholder Nature | Number of Shares Held | Percentage of Total Share Capital | Number of Shares Without Selling Restrictions |
|---|---|---|---|---|
| Hangzhou Haitai Jinghua Venture Capital Partnership (Limited Partnership) | Shareholder holding more than 5% | 8,500,000 | 12.90% | 4,871,973 |