Autowell(SH:688516) Zhong Guo Jing Ji Wang·2025-09-30 03:17Core Viewpoint - The announcement details the completion of a share reduction plan by major shareholders of Aotewei, indicating a total reduction of 4,295,002 shares, which represents 1.36% of the company's total share capital [1][2]. Shareholder Reduction Details - Shareholders Wuxi Aochuang and Wuxi Aoli held 11,947,750 shares (3.79%) and 5,892,570 shares (1.87%) respectively before the reduction [1]. - The reduction was executed between September 19 and September 26, 2025, through centralized bidding and block trading [1]. - The total cash raised from the reduction amounted to 207,719,133.61 yuan, with Wuxi Aochuang reducing 3,195,002 shares for 154,513,660.32 yuan and Wuxi Aoli reducing 1,100,000 shares for 53,205,473.29 yuan [2]. Background of Shareholders - Wuxi Aochuang and Wuxi Aoli are employee stock ownership platforms controlled by the actual controller of Aotewei, Ge Zhiyong, who did not participate in this reduction [2]. - On July 5, 2025, Aotewei announced a share transfer plan involving a total of 15,750,000 shares (4.99% of total shares) to be transferred through a pricing inquiry, not through secondary market trading [2][3]. Inquiry Transfer Details - The inquiry transfer was organized by CITIC Securities, with the transfer price set at 28.35 yuan per share, resulting in a total reduction amount of approximately 446.51 million yuan [3]. - Following the inquiry transfer, the combined shareholding of Ge Zhiyong, Li Wen, Wuxi Aochuang, and Wuxi Aoli decreased from 51.00% to 46.01% [3].