Hota Industrial: Shareholders holding more than 5% of the shares have completed the reduction plan and have cumulatively reduced their stake by 2.47%.
Hota Electromechanical announced that Hai Taijinghua, a shareholder with more than 5% of the company's shares, had planned to reduce its holdings by up to 1,959,756 shares from December 4, 2025 to March 3, 2026. By the end of the reduction plan period on March 3, 2026, Hai Taijinghua had sold a total of 1,628,768 shares, accounting for 2.47% of the total share capital, with 658,668 shares sold through centralized competitive trading and 970,100 shares sold through block trades. After the reduction, its holdings decreased to 6,871,232 shares, accounting for 10.43% of the total. This reduction plan complies with regulations and will not have a significant impact on the company's governance and operation.
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