SHAONENG(SZ:000601) Xin Lang Cai Jing·2025-10-16 13:33Core Viewpoint - Shenzhen Zhaowei Hengfa Energy Co., Ltd. plans to reduce its stake in Guangdong Shaoneng Group Co., Ltd. due to funding turnover needs, as disclosed in a pre-announcement on October 16, 2025 [1] Shareholder Reduction Plan Details - As of the announcement date, Shenzhen Zhaowei holds 110,168,096 shares, representing 10.20% of the total share capital, or 10.51% after excluding shares in the repurchase account [2] - The plan is to reduce a total of 31,444,050 shares, which is 3.00% of the adjusted share capital, within three months from November 10, 2025, to February 9, 2026 [2] - The reduction will occur through block trades and centralized bidding, with a maximum of 20,962,700 shares (2%) via block trades and 10,481,350 shares (1%) via centralized bidding within any continuous 90-day period [2] Reduction Price Range - The reduction price will be determined based on market conditions, with a minimum of 3 CNY per share and a maximum of 10 CNY per share [3] - The estimated amount from block trades is 136.26 million CNY, while centralized bidding is estimated at 68.13 million CNY, subject to market price at the time of sale [3] Shareholder Commitment Compliance - On July 3, 2025, Shenzhen Zhaowei issued a commitment letter stating it does not seek to become the largest or controlling shareholder of the company [4] - As of the announcement date, Shenzhen Zhaowei is fulfilling this commitment without any unfulfilled obligations [4]