301328SZSE
🚨 Material Event

Announcement Regarding Changes in Shareholding of the Company's Controlling Shareholder, Actual Controller, and Persons Acting in Concert Reaching an Integer Multiple of 1%

✨ AI Summary

The Company's controlling shareholder, actual controller, and persons acting in concert have reduced their shareholdings through centralized bidding and block trades. Following these transactions, the total shareholding of the actual controller and his concert parties decreased by over 1%, and the shareholding of Kangnaite decreased by 5%. This reduction is part of a previously disclosed share reduction plan.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Stock Code: 301328 Stock Abbreviation: Weifeng Electronics Announcement No.: 2026-036

Weifeng Electronics Co., Ltd.

Announcement Regarding Changes in Shareholding of the Company's Controlling Shareholder, Actual Controller, and Persons Acting in Concert Reaching an Integer Multiple of 1%

Weifeng Electronics Co., Ltd. (hereinafter referred to as the "Company" or "Weifeng Electronics") disclosed the "Pre-disclosure Announcement on Share Reduction Plan by the Controlling Shareholder, Actual Controller, and Persons Acting in Concert" (Announcement No.: 2026-031) on the Cninfo website (http://www.cninfo.com.cn) on May 18, 2026. The Company's controlling shareholder, actual controller, and Chairman, Mr. Li Wenhua, and his persons acting in concert directly hold a total of 108,750,001 shares of the Company (representing 68.2478% of the Company's total share capital). Among them, Ms. Luo Shaochun and Kangnaite (Shenzhen) Industrial Investment Partnership (Limited Partnership) (hereinafter referred to as "Kangnaite") directly hold a total of 45,312,499 shares (representing 28.4366% of the total share capital). Ms. Luo Shaochun and Kangnaite plan to reduce their holdings of the Company's shares by no more than 4,780,371 shares (representing 3% of the total share capital) via centralized bidding and block trades within 3 months starting 15 trading days after the date of the announcement.

On June 12, 2026, the Company disclosed the "Announcement Regarding Changes in Shareholding of the Company's Controlling Shareholder, Actual Controller, and Persons Acting in Concert Reaching an Integer Multiple of 1%" (Announcement No.: 2026-033). Ms. Luo Shaochun reduced her holdings by 398,364 shares via centralized bidding on June 12, 2026, representing 0.2500% of the total share capital. Following this change, the total shareholding of Mr. Li Wenhua and his concert parties decreased from 68.2478% to 67.9978%, reaching an integer multiple of 1%. Ms. Luo Shaochun's total shareholding decreased from 17.0620% to 16.8120%, reaching an integer multiple of 1%.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.