Dare Auto(SZ:300473) Zheng Quan Zhi Xing·2025-07-09 16:10Core Viewpoint - The major shareholder, Shanghai Wuxu Asset Management Co., Ltd. - Wuxu Value No. 15 Private Securities Investment Fund, has reduced its stake in Del Shares from 8.18% to 7.96% through block trading, impacting the company's shareholding structure but not affecting its control or governance [1][2]. Summary by Sections Shareholder Reduction - The Wuxu Value No. 15 Fund reduced its holdings by 340,000 shares from 12,351,100 shares to 12,011,100 shares between July 3 and July 7, 2025, representing a decrease of 0.23% of the total share capital [1]. - The reduction in shareholding triggered a change in the percentage that touched the 1% integer threshold, moving from 8.18% to 7.96% [1]. Compliance and Disclosure - The reduction was pre-disclosed in accordance with regulations, and it aligns with previously announced intentions and plans, ensuring that the company's control and governance structure remain unaffected [1][2]. - The fund's reduction plan is still ongoing, with a total planned reduction of up to 3,000,000 shares, which is approximately 1.987% of the total share capital [2]. Legal and Regulatory Compliance - The company confirmed that the reduction does not violate any laws or regulations, including the Securities Law and the Management Measures for the Acquisition of Listed Companies [3].