Shanghai Automobile Air-(SH:603107) Shang Hai Zheng Quan Bao·2025-09-01 21:30Core Viewpoint - The announcement details a change in shareholder equity for Shanghai Automotive Air Conditioning Parts Co., Ltd, indicating that Glory International Company and Dizhikai International Trade (Shanghai) Co., Ltd have reduced their holdings without triggering a mandatory takeover bid or changing the controlling shareholder [2][4]. Group 1: Shareholder Information - Glory International Company holds 46,039,764 shares, representing 13.6481% of the total share capital of the company, while Dizhikai holds 4,560,570 shares, accounting for 1.3519% [2][10]. - The equity change is part of a previously disclosed share reduction plan and does not affect the company's controlling shareholder or actual controller [2][4]. Group 2: Equity Change Details - Prior to the equity change, Glory held 50,415,315 shares (14.95%) and Dizhikai held 7,070,870 shares (2.10%). After the change, their holdings decreased to the aforementioned figures [10][11]. - The total shares reduced by both companies amounted to 6,885,851 shares, which is 2.0413% of the total share capital [11][12]. Group 3: Future Plans - The companies plan to continue reducing their holdings, with a maximum of 5,900,000 shares (1.75% of total share capital) to be sold through block trades and centralized bidding within the next 12 months [9][13]. - The companies will decide on further buying or selling based on market conditions and their business development [9].