Shanghai Weihong Electronics Technology Co., Ltd.
Announcement No.: 2026-015
This is to announce that Mr. Zheng Zhikai, the controlling shareholder of the company, guarantees that the information provided to the company is true, accurate, and complete, without any false records, misleading statements, or significant omissions. The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
On December 11, 2025, the company disclosed the "Pre-disclosure Announcement of the Share Reduction Plan by the Controlling Shareholder" (Announcement No.: 2025-073). Mr. Zheng Zhikai, the controlling shareholder, planned to reduce his shareholding in the company as follows: Mr. Zheng, who holds 24,258,680 shares (22.30% of the total share capital), plans to reduce his shares by no more than 1,256,400 shares (1.1548% of the total share capital of 108,795,330 shares) within three months after 15 trading days from the date of this announcement (from January 6, 2026, to April 3, 2026), through centralized bidding and block trading, with no more than 418,800 shares to be reduced through centralized bidding and no more than 837,600 shares through block trading.
Recently, the company received a notice from Mr. Zheng Zhikai regarding the completion of the reduction plan, stating that as of March 9, 2026, he had cumulatively reduced his shareholding by 1,239,180 shares through centralized bidding and block trading, accounting for 1.1385% of the current total share capital of the company. The remaining shares will not be further reduced, and this reduction plan has been completed.
According to the "Interim Measures for the Administration of Share Reduction by Shareholders of Listed Companies" and the "Self-Regulatory Guidelines No. 18 for Listed Companies on the Shenzhen Stock Exchange - Share Reduction by Shareholders, Directors, and Senior Management," the implementation of the reduction plan is announced as follows:
1. Basic Information on Shareholder Reduction
- Shareholder Reduction Situation
| Shareholder Name | Reduction Method | Reduction Period | Average Reduction Price (CNY/share) | Number of Shares Reduced (shares) | Proportion of Current Total Share Capital (%) |
|---|---|---|---|---|---|
| Zheng Zhikai | Centralized Bidding | January 7, 2026 - January 8, 2026 | 39.33 | 408,728 | 0.3755 |
| Block Trading | March 9, 2026 | 33.58 | 830,452 | 0.7630 | |
| Subtotal | 1,239,180 | 1.1385 |
Note: The current total share capital of the company is 108,846,330 shares.
- Shareholding Situation Before and After Reduction