301439SZSE
🚨 Material Event

Announcement on Controlling Shareholder's Adjustment of Share Increase Plan and Increase of Amount

✨ AI Summary

The controlling shareholder, Mingbo Cable, will adjust its share increase plan for Weihai Honglin Electric Power Technology. The total amount will increase from RMB 20-40 million to RMB 50-100 million. The plan aims to increase confidence and recognize the company's long-term value.

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Full Translation

AI Translation· gemini_document

Securities Code: 301439

Securities Abbreviation: Honglin Electric Power

Announcement No.: 2026-039

Announcement on Controlling Shareholder's Adjustment of Share Increase Plan and Increase of Amount

Weihai Honglin Electric Power Technology Co., Ltd.

The controlling shareholder, Weihai Mingbo Cable Technology Co., Ltd., guarantees that the information provided to this company is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

The company and the entire board of directors guarantee that the content of this announcement is consistent with the information provided by the information disclosure obligor.

  1. Main content of the original share increase plan: Weihai Honglin Electric Power Technology Co., Ltd. (hereinafter referred to as the "Company") received a "Letter of Intent to Increase Shares of Weihai Honglin Electric Power Technology Co., Ltd." from Weihai Mingbo Cable Technology Co., Ltd. (hereinafter referred to as the "Controlling Shareholder" or "Mingbo Cable") on July 13, 2026. Based on its confidence in the company's future sustainable development and recognition of its long-term investment value, it plans to increase its shares in the Company through centralized bidding or block trading within 6 months from the date of this announcement, with a total increase amount of not less than RMB 20 million (inclusive) and not more than RMB 40 million (inclusive). The subsequent share increase plan does not set a fixed price range. Mingbo Cable will implement the share increase plan at an opportune time based on the fluctuation of the company's stock price and the overall trend of the capital market.

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