Shang Hai Zheng Quan Bao·2025-10-21 19:27Core Viewpoint - The announcement details the completion of a share reduction plan by the controlling shareholder, Shanghai Electric Group, which has reduced its stake in Shanghai Electric Wind Power Group from 62.00% to 61.00% through the sale of 13,333,334 shares, representing 1.00% of the total share capital [2][3]. Summary by Sections Shareholder's Basic Situation - Prior to the reduction plan, Shanghai Electric directly held 818,666,636 shares, accounting for 61.40% of the total share capital, with 792,000,000 shares acquired before the IPO and 26,666,636 shares purchased through the stock exchange [2]. - Shanghai Electric Investment, a wholly-owned subsidiary of Shanghai Electric, held 8,000,000 shares, representing 0.60% of the total share capital, making the combined holdings of Shanghai Electric and its subsidiary 826,666,636 shares, or 62.00% of the total [2]. Implementation of the Reduction Plan - The reduction plan was announced on September 9, 2025, with a maximum reduction of 13,333,334 shares, not exceeding 1.00% of the total share capital, scheduled between September 30, 2025, and December 29, 2025 [2]. - The actual reduction occurred between September 30, 2025, and October 21, 2025, with Shanghai Electric successfully reducing its holdings by 13,333,334 shares, bringing its total ownership down to 61.00% [3]. Other Relevant Information - The reduction was conducted in compliance with relevant regulations and did not trigger a mandatory tender offer, nor did it affect the control structure of the company [5]. - The company will continue to ensure compliance with disclosure obligations related to share changes and will monitor the situation to protect investor interests [5].