Core Viewpoint - Hubei Changjiang Weilai New Energy Investment Management Co., Ltd. plans to reduce its stake in Futec Technology, holding 10.65% of the total share capital, due to its own funding needs [1][2] Group 1: Shareholding and Reduction Plan - Hubei Changjiang Weilai New Energy Industry Development Fund plans to reduce its holdings by up to 3% of the total share capital from October 13, 2025, to January 12, 2026 [1] - The reduction will occur through centralized bidding and block trading, with specific limits on the amount that can be sold within any 90-day period [1] - The shares held by the fund are unrestricted and not subject to any pledges or freezes [1] Group 2: Company Background and Clientele - Futec Technology specializes in the research, production, and sales of high-voltage power supply systems for electric vehicles, including on-board chargers and DC/DC converters [2] - NIO Inc. is a major client of Futec Technology, which has recently announced plans to publicly issue up to 182 million A-class ordinary shares [2] - NIO reported a significant net loss of 4.995 billion yuan in the second quarter, despite a 26% reduction in losses compared to the previous quarter [2]
富特科技:长江蔚来产业基金拟减持不超3%股份