Zhuhai Enpower Electric Co., Ltd.
Announcement Number: 2026-013
Announcement Regarding Shareholding Ratio Falling Below 5% and Change in Equity
The information provided by Li Hongyu, a shareholder holding over 5% of shares, director, and deputy general manager, is true, accurate, and complete, with no false or misleading statements or material omissions.
The Company and its Board of Directors guarantee that the content of this announcement is consistent with the information provided by the information disclosure obligor.
Special Notes:
- The nature of this equity change is a reduction in shares and does not involve a mandatory takeover bid.
- This equity change will not result in a change of the company's controlling shareholder or actual controller, nor will it affect the company's governance structure or continuous operation.
- After this equity change, Mr. Li Hongyu holds 15,302,730 shares of the Company, accounting for 4.99999% of the Company's current total share capital, and is no longer a shareholder holding over 5% of the Company's shares.
Zhuhai Enpower Electric Co., Ltd. (hereinafter referred to as the "Company") recently received the "Simplified Equity Change Report" issued by Mr. Li Hongyu. Due to the increase in the Company's total share capital leading to a passive dilution of his shareholding ratio, and the reduction of a portion of his shares according to the disclosed share reduction plan, as of the disclosure date of this announcement, Mr. Li Hongyu holds 15,302,730 shares of the Company, accounting for 4.99999% of the Company's current total share capital, and is no longer a shareholder holding over 5% of the Company's shares.
I. Situation Before the Equity Change
At the time of the Company's initial public offering and listing, Mr. Li Hongyu held 9,000,000 shares of the Company, accounting for 11.9048% of the Company's total share capital of 75,600,000 shares at that time. Mr. Li Hongyu and his concerted parties collectively held 45,000,000 shares, accounting for 59.5238% of the Company's total share capital at that time. The shares held by the aforementioned shareholders were all shares held before the initial offering. From June 2021 to June 2022, due to agreement transfers, centralized bidding reductions, the exercise of stock options granted under the Company's 2020 stock option incentive plan, and the Company's implementation of the 2021 annual equity distribution through capital reserve to increase share capital, Mr. Li Hongyu's shareholding changed to 14,293,320 shares, accounting for 9.8145% of the Company's total share capital of 145,635,190 shares at that time. After the change, he and his concerted parties collectively held 69,698,840 shares, accounting for 47.8585% of the Company's total share capital at that time.