Autowell(SH:688516) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-23 08:26Core Viewpoint - The announcement details a significant reduction in shareholding by major shareholders of Wuxi Autowei Technology Co., Ltd., which has led to a change in their combined ownership percentage, touching the 5% threshold for reporting [1][2]. Group 1: Shareholding Changes - On September 22, 2025, Wuxi Aochuang and Wuxi Aoli collectively reduced their holdings by 775,972 shares through centralized bidding, accounting for 0.25% of the total share capital, and by 1,144,476 shares through block trading, accounting for 0.36% [2]. - Following these transactions, the combined shareholding of Ge Zhiyong, Li Wen, Wuxi Aochuang, and Wuxi Aoli decreased from 45.61% to 45.00%, triggering the 5% reporting requirement [2][14]. - The total share capital of the company was adjusted from 315,637,856 shares to 315,196,071 shares after the cancellation of 441,785 shares from the 2023 restricted stock incentive plan [1][2]. Group 2: Nature of the Shareholding Change - The reduction in shareholding is part of a normal divestment process by the employee stockholding platforms and does not involve any change in the source of funds, nor does it trigger a mandatory takeover bid [3][4]. - The actual controllers, Ge Zhiyong and Li Wen, did not participate in this reduction plan [4]. Group 3: Compliance and Future Plans - The company has adhered to relevant regulations and will continue to fulfill its information disclosure obligations [5][12]. - There are no current plans for further increases or decreases in shareholding within the next 12 months beyond the disclosed reduction plan [12].