Summary of Key Points Core Viewpoint - Jiangsu Huasheng Lithium Battery Materials Co., Ltd. announced a share reduction plan by its shareholder Dongjin Industrial Co., Ltd. due to personal funding needs, which may impact the company's stock performance and investor sentiment [1][2]. Shareholder Holding Situation - As of the announcement date, Dongjin Industrial holds 27,106,518 shares, accounting for 16.99% of the total share capital of the company. This holding is a result of shares acquired before the initial public offering (IPO) and through capital reserve conversion [1][3][4]. Reduction Plan Details - Dongjin Industrial plans to reduce its holdings by up to 3,567,000 shares, representing no more than 2.24% of the total share capital. The reduction will occur through centralized bidding and block trading [1][2][4]. - The reduction period is set from August 8, 2025, to November 7, 2025, with a maximum of 1% of the total shares to be reduced within 90 consecutive trading days [2][4]. Shareholding Source - The shares intended for reduction include 2,460,000 shares acquired before the IPO and 1,107,000 shares obtained through capital reserve conversion [2][4]. Compliance and Commitments - Dongjin Industrial has made a supplementary commitment regarding share transfer restrictions, stating it will not transfer or manage its shares for 36 months post-IPO, except for specific circumstances [4][5]. - The company confirms that the reduction plan aligns with previous commitments and complies with relevant laws and regulations [5][7].
华盛锂电: 江苏华盛锂电材料股份有限公司关于股东减持股份计划的公告