CH AUTO(SH:605018) Zhong Guo Jing Ji Wang·2025-09-09 06:57Core Viewpoint - Longhua Group (605018.SH) announced a change in shareholder equity, including a reduction in shareholding by major shareholders Ningbo Changhong and Ningbo Jiuer, leading to a total reduction of 8,145,200 shares, amounting to 101,447,525 yuan [1][3][4]. Shareholder Reduction Summary - Ningbo Changhong reduced its holdings by 5,289,000 shares from July 9, 2025, to September 8, 2025, representing 1.1224% of the total share capital, with a total reduction amount of 65,897,959 yuan [2][3]. - The reduction price range for Ningbo Changhong was between 10.90 yuan/share and 13.57 yuan/share [2]. - Ningbo Jiuer reduced its holdings by 2,856,200 shares during the same period, accounting for 0.6061% of the total share capital, with a total reduction amount of 35,549,566 yuan [3]. - The reduction price range for Ningbo Jiuer was between 10.90 yuan/share and 13.54 yuan/share [3]. Company Background - Longhua Group was listed on the Shanghai Stock Exchange on September 29, 2020, with an initial issuance of 41,680,000 shares at a price of 9.72 yuan/share, raising a total of 40,512.96 million yuan [4]. - The actual net fundraising amount after deducting issuance costs was 36,588.05 million yuan, which was 1,702.43 million yuan less than the planned amount [4]. - The company had planned to raise 38,290.48 million yuan for various projects, including the construction of an automotive welding parts production base and technology upgrades [4][5]. Fundraising Details - The total fundraising from the two rounds of issuance amounted to 1.165 billion yuan [6]. - In 2022, the company conducted a non-public offering of 51,806,353 shares at a price of 14.67 yuan/share, raising a total of 759,999,198.51 yuan, with a net amount of 752,972,966.10 yuan after deducting issuance costs [5].