Zhong Dian Electric Motor: Shareholder Wang Jiankai completed the reduction of 7.056 million shares, accounting for 3% of the total share capital.

date
14/01/2026
China Electric Motor Co., Ltd. announced that on September 23, 2025, shareholder Wang Jiankai planned to reduce his holdings by no more than 7,056,000 shares, or 3% of the total shares of the company, due to personal financial needs. As of January 14, 2026, he has successfully reduced his holdings by a total of 7,056,000 shares through centralized bidding and block trading, accounting for 3% of the current total share capital of the company. The total amount of reduction is 163 million yuan, with a price range of 22.11 - 26.02 yuan/share. The reduction plan has been completed. After the reduction, Wang Jiankai's shareholding ratio has decreased to 6.65%.