CATL(SZ:300750) Zhong Guo Jing Ji Wang·2025-11-17 02:13Core Viewpoint - Ningde Times (300750) announced a share transfer plan on November 14, 2023, involving the transfer of 45,632,363 shares by shareholder Huang Shilin, representing 1% of the company's total share capital as of November 13, 2025 [1][2] Group 1: Share Transfer Details - The share transfer will not occur through centralized bidding or block trading and is not classified as a secondary market reduction [1] - The shares must not be transferred by the acquirer within six months after the acquisition [1] - The transfer is being organized by China International Capital Corporation (CICC) [1] Group 2: Shareholder Information - Huang Shilin directly holds 466,021,310 shares of Ningde Times, accounting for 10.21% of the total share capital, with 258,900,728 shares being pre-IPO shares and 207,120,582 shares from a capital increase in 2022 [1][2] - Huang Shilin is not a controlling shareholder or executive of Ningde Times but is a significant shareholder with over 5% ownership [1] Group 3: Financial Implications - Based on the closing price of 404.12 CNY per share on November 14, the total market value of the shares to be transferred is approximately 18.4 billion CNY [3] - The share transfer price will be set at a minimum of 70% of the average trading price over the 20 trading days prior to the invitation for subscription [2] Group 4: Historical Financial Data - Ningde Times was listed on the Shenzhen Stock Exchange on June 11, 2018, with an initial issuance of 217,243,733 shares at a price of 25.14 CNY per share, raising approximately 5.46 billion CNY [3] - The company has issued bonds in the past, including a 15 billion CNY bond with a 3.68% interest rate in 2019 and a 30 billion CNY bond with a 3.63% interest rate in 2020 [3][4] - A non-public offering in 2020 raised approximately 19.6 billion CNY at a price of 161.00 CNY per share [4]