Core Viewpoint - Citron PE Investment (Hong Kong) Limited has disclosed a reduction in its shareholding in Jingjin Electric Technology Co., Ltd, indicating a strategic decision driven by its funding needs [1][4]. Group 1: Shareholding Changes - As of the report date, Citron PE held 40,747,975 shares, representing 6.9038% of the total share capital of Jingjin Electric [4][7]. - Between December 17, 2024, and July 2, 2025, Citron PE reduced its holdings by 11,236,916 shares, which is 1.9038% of the total share capital [4][6]. - After the reduction, Citron PE's shareholding decreased to 29,511,085 shares, equating to 5.0000% of the total share capital [6][7]. Group 2: Reduction Plan - Citron PE plans to reduce its holdings by up to 5,902,216 shares, not exceeding 1% of the total share capital, through centralized bidding or block trading [4][5]. - The reduction plan is set to be executed within three months following the announcement, with specific limits on the number of shares that can be sold within any 90-day period [4][5]. Group 3: Compliance and Disclosure - The report confirms that Citron PE has complied with relevant laws and regulations regarding the disclosure of its shareholding changes [2][6]. - Citron PE has committed to ensuring that the report does not contain any false records or misleading statements, taking legal responsibility for its accuracy [2][8].
精进电动: 精进电动科技股份有限公司简式权益变动报告书(Citron PE)