Autowell(SH:688516) Zheng Quan Zhi Xing·2025-07-10 16:21Core Viewpoint - The report details the results of a share transfer involving Wuxi Autowei Technology Co., Ltd., indicating a decrease in the shareholding percentage of major shareholders from 51.00% to 46.01% through a block trade of 15,750,000 shares at a price of 28.35 yuan per share [1][2]. Summary by Sections Share Transfer Details - The share transfer price was set at 28.35 yuan per share, with a total of 15,750,000 shares being transferred [1]. - The actual controllers, Ge Zhiyong and Li Wen, along with their associated entities, participated in this transfer [1]. - This transfer does not result in a change of control for the company [1]. Shareholding Changes - Post-transfer, the shareholding of Ge Zhiyong, Li Wen, and their associated entities decreased from 51.00% to 46.01%, marking a significant change in their equity stake [1][2]. - The total number of shares held by these shareholders before the transfer was 160,976,385, which decreased to 145,226,385 after the transfer [2]. Transfer Process - The transfer was conducted through a pricing inquiry process, with the price set not lower than 70% of the average trading price over the previous 20 trading days [2]. - A total of 418 institutional investors received the subscription invitation, including various types of investment firms [2]. - The inquiry process received 19 valid bids, confirming the interest from multiple investors [2]. Compliance and Verification - The transfer process adhered to relevant laws and regulations, ensuring fairness and compliance with market standards [2]. - The verification was conducted by CITIC Securities, which confirmed the legitimacy of the transfer process [2].