HXPP(SZ:002228) Zheng Quan Zhi Xing·2025-08-12 12:10Core Viewpoint - The announcement details the passive dilution of the shareholding percentage of the controlling shareholder, Xinjiang Xinghui Investment Management Partnership, due to the conversion of convertible bonds, without any change in the number of shares held [1][2]. Group 1: Equity Change Details - The controlling shareholder's stake decreased from 44.1052% to 43.9776%, triggering a change that touches the 1% integer threshold [1][2]. - The total share capital of the company increased from 1,195,539,886 shares to 1,199,007,327 shares due to the conversion of 25,817,381 shares from the convertible bonds [1][2]. - The initial conversion price of the bonds was RMB 4.38 per share, which has now been adjusted to RMB 3.10 per share [1]. Group 2: Shareholder Information - Xinjiang Xinghui holds 397,173,280 shares, representing 33.1252% of the total share capital after the change [4]. - Hongli Investment holds 124,703,040 shares, representing 10.4005% of the total share capital after the change [4]. - Xu Xiaoguang holds 5,418,560 shares, representing 0.4519% of the total share capital after the change [4]. Group 3: Impact on Company Control - The equity change will not affect the stability of the company's control or its production and operation [2][4]. - The company will continue to monitor shareholder equity changes and fulfill its information disclosure obligations as required by relevant laws and regulations [4].