GACO(SH:600523) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-08-07 23:12Core Viewpoint - The report details a reduction in shareholding by Guizhou Guihang Automotive Parts Co., Ltd. (hereinafter referred to as "the Company") by its major shareholder, Guiyang Industrial Investment Co., Ltd., which decreased its stake from 5.153028% to 5.000003% through a centralized bidding process from July 21, 2025, to August 7, 2025 [9][18]. Group 1: Shareholding Changes - The major shareholder, Guiyang Industrial Investment Co., Ltd., reduced its shareholding by 618,700 shares, representing 0.153026% of the total shares [12][18]. - Following the reduction, the total shares held by Guiyang Industrial Investment Co., Ltd. are now 20,215,577 shares [18]. - The reduction in shareholding was part of a previously disclosed plan to decrease holdings by up to 4,000,000 shares, not exceeding 1% of the total shares [9][19]. Group 2: Regulatory Compliance - The report was prepared in accordance with relevant laws and regulations, ensuring that all necessary authorizations and approvals were obtained [1]. - The information disclosed in the report is claimed to be true, accurate, and complete, with the disclosing party assuming legal responsibility for any misrepresentation [2][15]. - The report confirms that the shareholding change does not trigger a mandatory tender offer and will not affect the control of the Company [17][19]. Group 3: Future Plans - Guiyang Industrial Investment Co., Ltd. does not currently have plans to increase its shareholding in the Company within the next 12 months, but it does not rule out the possibility of further reductions [10][19]. - The Company will continue to monitor compliance with disclosure obligations related to any future shareholding changes [19].