Hangzhou Hetai Electromechanical Co., Ltd. (hereinafter referred to as "the Company") disclosed the pre-announcement regarding the share reduction by shareholders holding over 5% of shares on November 12, 2025 (Announcement No.: 2025-055). The shareholder, Hangzhou Haitai Jinghua Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Haitai Jinghua"), plans to reduce its shares in the Company by no more than 1,959,756 shares (accounting for 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.
On January 6, 2026, the Company received a notification letter from Haitai Jinghua regarding the share reduction reaching an integer multiple of 1%. From December 4, 2025, to January 5, 2026, Haitai Jinghua reduced its shares through centralized bidding by 655,400 shares (1.00% of the total share capital) and through block trading on January 5, 2026, by 650,000 shares (0.99% of the total share capital), totaling a reduction of 1,305,400 shares (1.98% of the total share capital). After this change, Haitai Jinghua's shareholding decreased from 8,500,000 shares to 7,194,600 shares, with the ownership percentage dropping from 12.90% to 10.92%, reaching an integer multiple of 1%.
1. Changes in Equity
- Basic Information
- Information Disclosure Obligor: Hangzhou Haitai Jinghua Venture Capital Partnership (Limited Partnership)
- Address: Room 304, Building 4, No. 39 Yilu Street, Yinan Town, Xiaoshan District, Hangzhou, Zhejiang Province
- Date of Equity Change: January 5, 2026