TRINA(SH:688599) Zhong Guo Jing Ji Wang·2025-11-05 07:13Core Viewpoint - Trina Solar's major shareholder, Jiangsu Youze Venture Capital Group Co., Ltd., has completed a share reduction plan, selling 12,474,897 shares, which is 0.5724% of the company's total share capital, between September 5 and November 3, 2025, at prices ranging from 17.61 to 21.82 CNY per share, totaling approximately 252.43 million CNY [1][2]. Group 1: Share Reduction Details - The share reduction plan was first disclosed on August 12, 2025 [2]. - The total number of shares reduced was 12,474,897 [2]. - The reduction period spanned from September 5 to November 3, 2025 [2]. - The shares were sold through centralized bidding [2]. - The price range for the shares sold was between 17.61 and 21.82 CNY per share [2]. - The total amount raised from the share reduction was 252,429,250.73 CNY [2]. - The share reduction plan has been completed [2]. - The current holding of Jiangsu Youze Venture Capital is 0 shares, representing 0% of the total share capital [2]. Group 2: Shareholder Information - Jiangsu Youze Venture Capital is a major shareholder and an action-in-concert party with the actual controller, Gao Jifan [3]. - Gao Jifan controls 35.61% of the company’s shares, with direct holdings of 12.12% and indirect holdings through controlled entities [4]. - The company went public on June 10, 2020, with an initial public offering of 310,200,000 shares at a price of 8.16 CNY per share [4]. Group 3: Financial Performance - In 2024, Trina Solar reported revenues of 80.28 billion CNY, a year-on-year decrease of 29.21%, and a net loss attributable to shareholders of 3.44 billion CNY [6]. - For the first half of 2025, the company achieved revenues of 31.06 billion CNY, down 27.72% year-on-year, with a net loss of 2.92 billion CNY [7].