JSSMDL(SH:603530) Zheng Quan Zhi Xing·2025-08-26 11:21Core Viewpoint - The major shareholder of Jiangsu Shenneng Electric Co., Ltd., Ms. Chen Xiaoqin, plans to reduce her shareholding by up to 12,950,536 shares, which is 3% of the company's total share capital, within three months starting from September 17, 2025 [1][2][3] Shareholder Reduction Plan - The reduction will be executed through centralized bidding and block trading, with a maximum of 4,316,845 shares (1% of total share capital) through centralized bidding and 8,633,691 shares (2% of total share capital) through block trading [1][2] - The reason for the reduction is personal funding needs [3] - The reduction period is set from September 17, 2025, to December 16, 2025 [2] Shareholder Background - Ms. Chen Xiaoqin holds 71,702,102 shares, representing 16.61% of the company [2][3] - The controlling shareholder, Shanghai Shenneng Electric Holdings Co., Ltd., holds 270,000,000 shares, which is 62.55% of the company [2] - Together with her spouse, they control 79.16% of the company [2] Compliance and Commitments - Ms. Chen has previously committed not to transfer or manage her shares for 36 months post-IPO and has adhered to this commitment [3][4] - Any reduction in shares after the lock-up period will not be below the issue price [3][4]