Shouhang High-Tech Energy Technology Co., Ltd. (hereinafter referred to as the "Company" or "Shouhang High-Tech") disclosed the "Announcement on Pre-Disclosure of the Share Reduction Plan for Shareholders Holding More than 5% of Shares" on July 15, 2023 (Announcement No.: 2023-042), jincheng Capital Management Co., Ltd., a shareholder holding more than 5% of the company's shares, Gansu Province M & A (Relief) Fund (Limited Partnership) (hereinafter referred to as "Relief Fund") plans to reduce its holdings of the company's shares through centralized bidding transactions. The total amount does not exceed 50,078,800 shares, that is, no more than 2% of the company's total share capital (the period is within 6 months after 15 trading days from the date of announcement); the total amount of shares held by them shall not exceed 100,157,600 shares, that is, not more than 4% of the total share capital of the company (within 6 months after 3 trading days from the date of disclosure of the announcement). The bail-out fund reduces its holdings of the company's shares by means of centralized bidding and block trading, I .e. no more than 150,236,400 shares, I .e. no more than 6% of the company's total share capital.
On February 6, 2024, the company received the notice letter on the implementation results of the share reduction plan issued by the shareholder relief fund. As of the disclosure date of this announcement, the implementation period of the above share reduction plan of the shareholder relief fund has expired, and it has not implemented the reduction plan. In accordance with the requirements of the "Several Provisions on the Reduction of Shares by Shareholders, Directors, Supervisors and Senior High School of Listed Companies" and other relevant regulations, the relevant information is hereby announced as follows:
Basic information on the reduction of shares held by 1. shareholders
(I) Implementation of the Bail-out Fund Share Reduction Plan
As of the disclosure date of this announcement, the shareholder bail-out fund has not reduced its holdings of the company's shares during the above reduction plan.
(ii) Shareholdings before and after the reduction of the bail-out fund
| Nature of Shares | Shares held prior to this reduction | Shares held after this reduction | ||
| Number of shares (shares) | Proportion of total equity (%) | Number of shares (shares) | Proportion of total equity (%) | |
| Total shares held | 251,212,748 | 10.03% | 251,212,748 | 10.03% |
| Of which: unlimited conditional shares | 251,212,748 | 10.03% | 251,212,748 | 10.03% |
| Shares subject to limited conditions of sale | 0.00 | 0.00 | 0.00 | 0.00 |
II. Other Relevant Notes
1. The reduction of shareholder bail-out funds this time is in compliance with the "the People's Republic of China Securities Law", "Shenzhen Stock Exchange Stock Listing Rules", "Several Provisions on Shareholding Reduction of Shareholders of Listed Companies, Directors, Supervisors, and Senior Executers' Shareholding Reduction Implementation Rules" and other laws and regulations, departmental rules and regulatory documents, there is no violation of laws and regulations.
2. During the period of this share reduction plan, the bail-out fund did not reduce its shareholding in the company, and the reduction was consistent with the disclosed reduction plan.
3. During the period of this share reduction plan, there is no violation of the relevant commitments by the bail-out fund.
III. Documents for Reference
1. Notice Letter on the Results of the Implementation of the Reduction Plan issued by the Relief Fund.
It is hereby announced.
Shouhang Gaoke Energy Technology Co., Ltd.
Board of Directors
6 February 2024
