Shangneng Electric Issues Notice: Major Shareholder Commits to No Stock Reductions During Specified Period

Shangneng

Shangneng Electric (300827.SZ) recently announced that its controlling shareholder, Wu Qiang, has committed that there will be no reduction in shareholding or plans for share reduction during a specific period. This commitment extends from the date of the board resolution announcement regarding this issuance until the date the commitment letter is issued. Moreover, it covers a timeframe from six months before the pricing base date of the issuance to six months after the completion of the issuance. During this period, Wu Qiang, along with his spouse, parents, and children, will not decrease their holdings in Shangneng Electric stocks. In the event of a breach of this commitment, all proceeds from any reduction will be allocated to Shangneng Electric, and legal responsibilities will be borne according to the law.

The above information has been compiled by Zhengquan Zhi Xing based on publicly available data, generated by AI algorithms (Internet Information Record No. 310104345710301240019). This does not constitute investment advice.

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