Stock Code: 002150 Stock Abbreviation: Zhaotai Power Announcement No.: 2026-041
Jiangsu Zhaotai Power Technology Co., Ltd.
Shareholder Zhuhai Yuening Management Consulting Partnership (Limited Partnership) and its person acting in concert, Zhuhai Kangdong Equity Investment Partnership (Limited Partnership), guarantee that the information provided to the company for disclosure is true, accurate, and complete, with no false records, misleading statements, or major omissions.
The company and all members of the Board of Directors guarantee that the content of the announcement is consistent with the information provided by the information disclosure obligors.
Important Content Notice:
This equity change is caused by the company's shareholders fulfilling previously disclosed share reduction plans and the passive increase in shareholding ratios due to the reduction of the company's total share capital. It does not involve a tender offer, will not lead to a change in the company's control, and will not have a major impact on the company's governance structure or continuous operations.
After this equity change, the shareholder Zhuhai Yuening Management Consulting Partnership (Limited Partnership) (hereinafter "Zhuhai Yuening" or "Information Disclosure Obligor 1") and its person acting in concert, Zhuhai Kangdong Equity Investment Partnership (Limited Partnership) (hereinafter "Zhuhai Kangdong" or "Information Disclosure Obligor 2") (collectively "Information Disclosure Obligors"), hold a total of 18,043,381 shares of the company, accounting for 4.99998% of the company's total share capital, and are no longer shareholders holding more than 5% of the company's shares.
As of the disclosure date of this announcement, the reduction plan of Zhuhai Yuening and its person acting in concert, Zhuhai Kangdong, has not yet been fully implemented. The company will continue to monitor the progress of the reduction plan and fulfill its information disclosure obligations in accordance with relevant regulations.
The company disclosed the "Announcement on the Pre-disclosure of Share Reduction by Shareholders and Their Persons Acting in Concert" (Announcement No.: 2026-022) on the Juchao Information Website (www.cninfo.com.cn) on April 20, 2026.
Zhuhai Yuening and its person acting in concert, Zhuhai Kangdong, planned to reduce their holdings of company shares by no more than 10,826,064 shares, or no more than 3.00% of the company's total share capital at that time, through centralized bidding and block trading from May 15, 2026, to August 14, 2026 (excluding periods prohibited by the China Securities Regulatory Commission and the Shenzhen Stock Exchange). In the event of share capital changes such as bonus shares, capital reserve conversion, or rights issues, the number of shares to be reduced will be adjusted accordingly.
The company recently received the "Notice Letter Regarding Equity Changes of Shareholders Reaching 1% and 5% Thresholds" and the "Simplified Equity Change Report (Zhuhai Yuening and Zhuhai Kangdong)" issued by Zhuhai Yuening and its person acting in concert, Zhuhai Kangdong. From May 15, 2026, to July 31, 2026, Zhuhai Yuening and its person acting in concert, Zhuhai Kangdong, reduced their combined holdings of company shares by 3,435,988 shares through centralized bidding. Their combined shareholding ratio decreased from 5.95213% to 4.99998%, reaching the 1% and 5% integer multiple thresholds. As of now, this reduction plan has not been fully implemented.
In accordance with the "Securities Law of the People's Republic of China," the "Interim Measures for the Administration of Share Reductions by Shareholders of Listed Companies," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 18 — Share Reductions by Shareholders, Directors, and Senior Management," the relevant situation is announced as follows:
I. Specific Details of the Equity Change Reaching 1% and 5% Thresholds
(I) Basic Information