Xiangtan Electric: controlling shareholder and its concerted action person reduces 19.02% of "Electric Convertible Bonds"

The announcement of Xiangtan Electric stated that on June 16, 2025, the company issued 4.87 million "Electric Conversion Bonds" with a total amount of 487 million yuan. From January 9 to 14, 2026, the controlling shareholder Electric Group reduced its holdings by 308,339 shares through block trading, accounting for 6.33% of the total issuance; from January 15 to 19, its concerted action person Zhenxiang Guotou reduced its holdings by 617,993 shares, accounting for 12.69%. After this reduction, both parties no longer hold "Electric Conversion Bonds", with a total reduction of 19.02% of the total issuance.