Zhongdian Electric Motor: Changes in the equity of shareholders holding more than 5% and their concerted actions affecting 1%

date
10/04/2026
China Electric Motor announced that from April 7th to April 10th, 2026, shareholder Wang Jianyu reduced his holdings in the company by 1.8154 million shares through centralized bidding, accounting for 0.77% of the total share capital. After the reduction, the shareholding ratio of Wang Jianyu and his concerted action person Wang Jiankai decreased from 22.77% to 22.00%, reaching the 1% threshold. This equity change is part of the shareholder's reduction plan, does not trigger a tender offer, will not result in a change in the controlling shareholder or actual controller, and Wang Jianyu's reduction plan has not yet been fully implemented.