Huahong Technology(SZ:002645) Zheng Quan Zhi Xing·2025-08-29 17:02Core Viewpoint - The announcement details a passive dilution of shareholding percentages for the controlling shareholder and actual controllers of Jiangsu Huahong Technology Co., Ltd. due to the conversion of convertible bonds into shares, without any change in the number of shares held by these shareholders [1][3]. Summary by Sections Basic Situation of Equity Change - Jiangsu Huahong Technology Co., Ltd. issued convertible bonds totaling 515 million yuan, with each bond having a face value of 100 yuan, approved by the China Securities Regulatory Commission [1]. - The bonds were listed for trading on January 10, 2023, and the conversion into shares began on June 8, 2023 [1]. Details of Shareholding Changes - The total number of shares increased by 14,203,455, raising the total share capital from 586,923,372 to 601,126,827 shares [3]. - The shareholding percentage of the controlling shareholder and actual controllers decreased from 39.89% to 38.94% due to this dilution [3]. Specific Shareholding Information - Jiangsu Huahong Industrial Group Co., Ltd. and its associated individuals (Hu Shiyong, Hu Shiqing, and Hu Shifa) maintained their number of shares but experienced a dilution in their ownership percentage [4]. - The specific shareholding before and after the change is as follows: - Jiangsu Huahong Industrial Group Co., Ltd.: - Before: 200,884,632 shares (34.61%) - After: 200,884,632 shares (33.79%) - Hu Shiyong: - Before: 15,126,345 shares (2.61%) - After: 15,126,345 shares (2.54%) - Hu Shiqing: - Before: 7,757,100 shares (1.34%) - After: 7,757,100 shares (1.30%) - Hu Shifa: - Before: 7,757,100 shares (1.34%) - After: 7,757,100 shares (1.30%) [4]. Impact of the Change - The equity change does not alter the control of the company, nor does it significantly impact the governance structure or ongoing operations of Jiangsu Huahong Technology Co., Ltd. [5].