Core Viewpoint - The major shareholder, Beijing Hualian Group Investment Holding Co., Ltd. (Hualian Group), plans to reduce its stake in Innovation New Materials Technology Co., Ltd. by up to 37,560,721 shares, representing no more than 1% of the total share capital, due to operational needs from December 19, 2025, to March 18, 2026 [2][7]. Shareholder Information - As of the announcement date, Hualian Group holds 194,195,951 shares, accounting for 5.17% of the total share capital, while its action-in-concert party, Beijing Hualian Department Store Co., Ltd. (Hualian Shares), holds 3,549,000 shares, or 0.09%. Together, they own 197,744,951 shares, which is 5.26% of the total share capital [2][5]. Reduction Plan Details - The reduction will be executed through centralized bidding, and if the company's stock is suspended during the pre-disclosure period, the actual start of the reduction will be postponed accordingly [2][7]. Previous Commitments - Hualian Group had previously committed not to transfer its shares for 12 months following the company's initial public offering and has adhered to this commitment [3][5]. Additionally, there was a 36-month lock-up period for shares acquired through a private placement and a commitment not to transfer shares for 36 months post-major asset restructuring [4][5]. Compliance with Regulations - The planned reduction aligns with previous commitments made by Hualian Group and Hualian Shares, and there are no circumstances that would prevent them from reducing their holdings as per the regulations set by the Shanghai Stock Exchange [6][7].
创新新材料科技股份有限公司关于持股5%以上股东减持股份计划的公告