CZTL(SH:603158) Zheng Quan Zhi Xing·2025-06-24 17:13Summary of Key Points Core Viewpoint - The announcement details a share reduction plan by shareholder Jiang Yilin of Changzhou Tenglong Automotive Parts Co., Ltd., due to personal funding needs, involving a maximum reduction of 14,723,979 shares, which is up to 3% of the company's total share capital [1][2]. Group 1: Shareholder Information - Jiang Yilin holds 66,311,112 shares, representing 13.51% of the company [1]. - The total shareholding of related parties, including Jiang Yilin and Tenglong Technology Group Co., Ltd., amounts to 201,329,828 shares, or 41.02% of the company [1]. Group 2: Reduction Plan Details - The planned reduction includes a maximum of 4,907,993 shares through centralized bidding and 9,815,986 shares through block trading [1]. - The reduction period is set from July 16, 2025, to October 15, 2025 [1]. - The source of the shares for reduction is through agreement transfer [1]. Group 3: Compliance and Governance - The reduction plan complies with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [3]. - The company will ensure Jiang Yilin adheres to the regulations regarding share reduction and will fulfill information disclosure obligations [3].