Securities Code: 002150
Securities Abbreviation: CHINT POWER
Announcement No.: 2026-043
Jiangsu CHINT Power Technology Co., Ltd.
Announcement on Shareholder's Stake Change Reaching 1% Multiple and Early Termination of Share Reduction Plan and Implementation
The Company's shareholder Zhuhai Yue Ning Management Consulting Partnership (Limited Partnership) and its concerted actor Zhuhai Kang Dong Equity Investment Partnership (Limited Partnership) guarantee that the information disclosed to the Company is true, accurate, and complete, and contains 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 obligor.
Jiangsu CHINT Power Technology Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Announcement on Pre-disclosure of Shareholder's Share Reduction" (Announcement No.: 2026-022) on the Shenzhen Stock Exchange website (www.cninfo.com.cn) on April 20, 2026. Zhuhai Yue Ning Management Consulting Partnership (Limited Partnership) (hereinafter referred to as "Zhuhai Yue Ning") and its concerted actor Zhuhai Kang Dong Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "Zhuhai Kang Dong") planned to reduce their holdings by no more than 10,826,064 shares through centralized bidding and block trading from May 15, 2026, to August 14, 2026 (excluding periods prohibited from trading by the China Securities Regulatory Commission and the Shenzhen Stock Exchange). This represents no more than 3.00% of the Company's total share capital at that time. If there are any share capital changes such as ex-rights issues, bonus share issues, or capital reserve to increase share capital, the number of shares to be reduced will be adjusted accordingly.
On August 1, 2026, the Company disclosed the "Notice Announcement on Shareholder's Stake Change Reaching 1% and 5% Multiples and Falling Below 5% and Disclosure of 'Simplified Stake Change Report'" (Announcement No.: 2026-041) on the Shenzhen Stock Exchange website (www.cninfo.com.cn). From May 15, 2026, to July 31, 2026, Zhuhai Yue Ning and its concerted actor Zhuhai Kang Dong reduced their holdings by a total of 3,435,988 shares through centralized bidding. Their combined shareholding in the Company decreased from 5.95213% of the total share capital to 4.99998%, reaching the 1% and 5% multiple thresholds for stake changes, and they are no longer shareholders holding more than 5% of the Company's shares.
On August 10, 2026, the Company received a "Notice Letter on Shareholder's Stake Change Reaching 1% Multiple and Early Termination of Share Reduction Plan and Implementation" from shareholder Zhuhai Yue Ning and its concerted actor Zhuhai Kang Dong. Zhuhai Yue Ning and its concerted actor Zhuhai Kang Dong have decided to terminate the current share reduction plan early, and the remaining unreduced shares will not be reduced within the original plan period. From August 6, 2026, to August 7, 2026, Zhuhai Yue Ning and its concerted actor Zhuhai Kang Dong reduced their holdings by a total of 3,661,600 shares through centralized bidding and block trading. Their combined shareholding in the Company decreased from 4.99998% to 3.9853% (4.0525% of the total share capital excluding shares held in the treasury stock account).
In accordance with the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Interim Measures for the Reduction of Stake by Shareholders of Listed Companies," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 18—Reduction of Stake by Shareholders, Directors, and Senior Management," and other relevant regulations, the relevant situation is hereby announced as follows:
I. Shareholder Share Reduction
(I) Shareholder's Share Reduction This Time