002870SZSE

Announcement on Shareholding Change of Shareholder Holding Over 5% Reaching Integer Multiples of 1%

Xiangshan Co., Ltd.··4 pages

✨ AI Summary

This announcement details a change in shareholding by major shareholder Zhao Yukun, whose stake decreased from 12.90% to 10.53% due to share sales and a company-issued private placement. The change triggers a 1% integer multiple notification requirement. The transaction does not affect control or company operations.

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Full Translation

AI Translation· gemini_document

Stock Code: 002870

Stock Abbreviation: Xiangshan Shares

Announcement No.: 2026-052

Guangdong Xiangshan衡器 Group Co., Ltd.

Announcement on Shareholding Change of Shareholder Holding Over 5% Reaching Integer Multiples of 1%

The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Special Notes:

  1. This equity change is due to Mr. Zhao Yukun, a shareholder holding over 5% of Guangdong Xiangshan衡器 Group Co., Ltd. (hereinafter referred to as the "Company"), reducing his shares, and the Company increasing its total share capital through a private placement to specific targets (resulting in passive dilution of shareholding ratio), causing Mr. Zhao Yukun's cumulative change in shareholding ratio to reach an integer multiple of 1%.

  2. This equity change does not trigger a mandatory offer, will not cause a change in the Company's controlling shareholder or actual controller, will not adversely affect the Company's continuous and stable operation, and does not harm the interests of the Company and other shareholders.

On May 19, 2026, the Company disclosed the "Announcement on the Pre-disclosure of Share Reduction by a Shareholder Holding Over 5% of Shares" (Announcement No.: 2026-033) on the Juchao Information Network (http://www.cninfo.com.cn). The major shareholder Zhao Yukun, holding 17,040,000 shares of the Company (accounting for 12.90% of the total share capital at the time), planned to reduce his shares by no more than 3,885,000 shares (accounting for 3% of the total share capital after excluding the Company's treasury shares at the time) through centralized bidding and block trading from June 9, 2026, to September 8, 2026. From July 2, 2026, to July 24, 2026, Mr. Zhao Yukun reduced his holdings of the Company's shares by 959,200 shares through centralized bidding.

According to the "Approval on the Registration of Private Placement of Shares by Guangdong Xiangshan衡器 Group Co., Ltd. to Spec

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