Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as "the Company") has received approval from the China Securities Regulatory Commission for the registration of the issuance of shares to specific entities (Approval No. [2025] 2432). The Company will issue 5,166,184 ordinary shares (A shares) to 11 specific entities. After the completion of this issuance, the total share capital of the Company will increase from 81,284,000 shares to 86,450,184 shares. None of the directors, supervisors, or senior management participated in this issuance. Consequently, while the total share capital has increased, the number of shares held by directors, supervisors, and senior management remains unchanged, leading to a dilution in their shareholding percentages, as detailed below:
001255SZSE
Announcement on Changes in Shareholding of Directors, Supervisors, and Senior Management
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Zhejiang Bofei Electric Co., Ltd. announced the issuance of 5,166,184 shares to 11 specific entities, increasing total shares from 81,284,000 to 86,450,184. Directors, supervisors, and senior management did not participate in this issuance. Their shareholding amounts remain unchanged, but their ownership percentages are diluted due to the increase in total shares.
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