002119SZSE

Announcement on the Completion of Share Reduction Plan by Shareholders Holding More Than 5%

✨ AI Summary

This announcement details the completion of a share reduction plan by Ningbo Simais Electronic Technology Co., Ltd., a shareholder holding over 5% of the company. From December 8, 2025, to February 27, 2026, Simais reduced its holdings by 3,752,600 shares, representing 1% of the total share capital. Following the reduction, Simais holds 20,717,306 shares, or 5.52% of the total shares.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Ningbo Kangqiang Electronics Co., Ltd. (hereinafter referred to as "the Company") disclosed the "Pre-disclosure Announcement on Share Reduction by Shareholders Holding More Than 5%" (Announcement No. 2025-051) on November 14, 2025. Shareholder Ningbo Simais Electronic Technology Co., Ltd. (hereinafter referred to as "Simais") planned to reduce its holdings of the Company's shares by no more than 3,752,600 shares (not exceeding 1% of the total share capital) through centralized bidding within three months after the announcement date.

Recently, the Company received a notice from Simais regarding the completion of the share reduction plan, confirming that Simais reduced its holdings by 3,752,600 shares from December 8, 2025, to February 27, 2026, through centralized bidding, accounting for 1% of the total share capital. The specific details are announced as follows:

1. Shareholder Reduction Situation

  1. Shareholder Reduction Details

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.