Toreto New Energy: Controlling shareholder Aoxin Investment plans to reduce holdings by no more than 3%

NightAirdropper · 2026-02-27T11:54:01+00:00

Toreto New Energy announced that the controlling shareholder plans to reduce holdings by no more than 42,249,004 shares within three months, accounting for no more than 3% of the total share capital. The proceeds from the reduction will be used to support the company's development, and the shares will come from non-public issuance and capital reserve converted into shares.

NightAirdropper

2026-02-27 11:54:01

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Everyday AI Express, February 25th, Tuo Ri New Energy (002218.SZ) announced that the controlling shareholder, Shenzhen Ao Xin Investment Development Co., Ltd., plans to reduce its holdings by no more than 42,249,004 shares within three months after the announcement, through centralized bidding and block trades. This represents no more than 3% of the company’s total share capital after excluding shares repurchased in the dedicated securities account. The reason for the reduction is to support the company’s development needs for capital reserves. The shares to be reduced come from private placements, shares obtained before the initial public offering, and shares converted from capital reserve funds.

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