Huate Gas(SH:688268) Zhong Guo Jing Ji Wang·2026-01-12 06:47Core Viewpoint - Shareholders of Huate Gas (688268.SH) plan to reduce their holdings through block trading, with a total reduction of up to 2% of the company's total share capital, amounting to a maximum of 2.4 million shares [1] Group 1: Shareholder Reduction Plan - Shareholders Xiamen Huahong Duofu Investment Partnership, Xiamen Huahuo Duofu Investment Partnership, and Xiamen Huajin Duofu Investment Partnership intend to reduce their holdings between February 4, 2026, and April 30, 2026 [1] - The three shareholders currently hold a combined total of 15,613,600 shares, representing 12.98% of the company's total share capital, all of which are freely tradable shares [1] Group 2: Financial Impact of Share Reduction - Based on the closing price of 66.85 yuan per share on January 9, 2024, the total cash amount from the reduction is approximately 160 million yuan [2] - Xiamen Huahong Duofu Investment Partnership has cumulatively reduced its holdings by 867,330 shares since February 27, 2023, realizing approximately 504 million yuan [2] - Xiamen Huajin Duofu Investment Partnership has cumulatively reduced its holdings by 336,490 shares since February 28, 2023, realizing approximately 195 million yuan [2] Group 3: Company Background and Financials - Huate Gas was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 26, 2019, with an initial issuance of 30 million shares at a price of 22.16 yuan per share [2] - The total amount raised from the initial public offering was 664.8 million yuan, with a net amount of 583.06 million yuan after expenses [3] - The total fundraising amount from two rounds of financing is calculated to be 1.311 billion yuan [5]