Core Viewpoint - Jiangsu Shentong Valve Co., Ltd. announced a significant reduction in shareholding by its major shareholder, Huzhou Fenglin Huoshan Equity Investment Partnership, which plans to decrease its stake from approximately 6.91% to below 5% through a series of transactions [1][2]. Shareholder Reduction Plan - Huzhou Fenglin Huoshan plans to reduce its holdings by up to 15,226,124 shares, representing about 3% of the total share capital, within three months from the announcement date [1]. - The reduction will occur through two methods: a maximum of 5,075,375 shares via centralized bidding and up to 10,150,749 shares through block trading [1]. Reduction Execution - From April 14 to April 29, 2025, Huzhou Fenglin Huoshan reduced its holdings by 4,615,000 shares, decreasing its ownership from 6.91% to 6.00% [2]. - Between May 12 and May 20, 2025, an additional reduction of 5,080,000 shares occurred, further lowering the stake to 4.11% [2]. - The total shares reduced from April 7 to July 6, 2025, amounted to 14,205,000 shares, which is approximately 2.80% of the total share capital [2][3]. Final Shareholding Status - After the completion of the reduction plan, Huzhou Fenglin Huoshan holds 20,866,863 shares, representing 4.11% of the total share capital [2][3].
江苏神通: 关于股东减持计划期间届满暨实施情况的公告