Core Viewpoint - Citron PE Investment (Hong Kong) Limited has completed its share reduction plan for Jingjin Electric Technology Co., Ltd, reducing its stake from 5.90% to 4.90% by selling 5,902,216 shares [1][2][4] Group 1: Shareholder Information - Before the reduction, Citron PE held 34,845,759 shares, representing 5.90% of the total share capital [1][2] - The shares were acquired prior to the company's initial public offering and became tradable on October 27, 2022 [1] Group 2: Reduction Plan Implementation - The reduction plan was first disclosed on June 6, 2025, due to Citron PE's operational and funding needs [1][2] - The actual reduction was completed within the planned timeframe, with a total of 5,902,216 shares sold [2][3] - The shares were sold through centralized bidding, with 5,902,174 shares sold at a price range of 7.06 to 7.31 yuan per share, totaling approximately 42,369,811.25 yuan [2][4] Group 3: Post-Reduction Status - After the reduction, Citron PE's remaining shareholding is 28,943,585 shares, which is 4.90% of the total share capital [2][4] - Following this transaction, Citron PE is no longer considered a major shareholder (holding over 5%) of the company [2][4]
精进电动: 精进电动科技股份有限公司关于持股5%以上股东减持计划完成暨减持结果公告