WEIMING(SH:603568) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-20 00:31Core Viewpoint - The announcement from Zhejiang Weiming Environmental Co., Ltd. corrects the date of a significant equity change involving major shareholders, indicating a reduction in their combined shareholding from 74.84% to 70.00% due to various trading activities and the impact of convertible bonds [1][3][4]. Summary by Sections Equity Change Notification - The initial notification regarding the equity change mistakenly stated the start date as May 9, 2022, which has been corrected to May 9, 2020 [1][3]. - The equity change period is from May 9, 2020, to September 18, 2025, during which major shareholders reduced their holdings through various trading methods [3][4]. - The combined shareholding of major shareholders decreased from 74.84% to 70.00%, triggering a 5% threshold change [4]. Convertible Bonds Impact - The company issued 12 million convertible bonds (referred to as "Wei 20 Convertible Bonds") on November 2, 2020, with a total value of 120 million yuan [4]. - The bonds entered the conversion period on May 6, 2021, and were fully redeemed on December 6, 2021, leading to an increase in the total share capital by 46,698,549 shares [4]. - The conversion of these bonds resulted in a passive decrease in the shareholding percentage of the information disclosure obligors [4]. Employee Stock Ownership Plan Extension - The board approved an extension of the 2021 employee stock ownership plan by an additional 24 months, now set to expire on December 5, 2027 [6][11]. - The original duration of the plan was 24 months, from December 6, 2021, to December 5, 2023 [7]. - As of the announcement date, the employee stock ownership plan holds 13,789,772 shares, representing 0.81% of the current total share capital [9][11].