Core Viewpoint - Shanghai Yongmaotai Automotive Technology Co., Ltd. announced a share reduction plan by its shareholders, which includes specific details on the number of shares to be sold and the methods of sale [2][3][4]. Summary by Relevant Sections Shareholder Reduction Plan - The reduction subjects are Shanghai Leichang Investment Partnership and Shanghai Hongzhi Investment Partnership, holding 4.23% and 1.09% of the total shares respectively, all acquired before the IPO [2]. - Leichang Investment plans to reduce up to 6,984,800 shares (approximately 2.117% of total shares) through centralized bidding and block trading, while Hongzhi Investment plans to reduce up to 1,790,100 shares (approximately 0.543%) [2]. Shareholder Background - Both reduction subjects were established in January 2016 as employee stock ownership platforms and have not previously reduced their holdings [2]. Previous Commitments - The shareholders made commitments during the IPO to not transfer their shares for 36 months post-listing, with specific conditions for extending the lock-up period if certain price conditions were met [3][4]. - After the lock-up period, they can reduce their holdings under certain conditions, including notifying the company three trading days in advance [4]. Compliance and Disclosure - The company will ensure that the reduction subjects comply with relevant laws and regulations during the reduction process and will fulfill its information disclosure obligations [5].
上海永茂泰汽车科技股份有限公司股东减持股份计划公告