Huatu Mountain Ding shareholder Zhang Peng's reduction plan has been completed, totaling a reduction of 366.7k shares, accounting for 0.19% of the total share capital.

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Huatu Shanding Design Co., Ltd. (hereinafter referred to as “the Company”) announced on March 25, 2026, that the share reduction plan of specific shareholder Zhang Peng has been completed. According to the announcement, Zhang Peng reduced a total of 366.7k shares through centralized bidding transactions during the reduction period, accounting for 0.19% of the company’s total share capital, with an average reduction price of 63.59 yuan per share.

Details of the Reduction Plan Implementation

The announcement shows that the company previously disclosed the “Pre-disclosure Announcement of Share Reduction by Specific Shareholders” on December 21, 2025. Zhang Peng planned to reduce no more than 366.7k shares (0.19% of the company’s total share capital) through centralized bidding from December 25, 2025, to March 24, 2026. As of March 24, 2026, the reduction plan has been fully implemented, with the actual reduction matching the plan.

The shares reduced this time come from the shares held before the company’s initial public offering, including shares obtained through capital reserve capital increase.

Changes in Shareholdings Before and After Reduction

Before the reduction, Zhang Peng held 366.7k shares, accounting for 0.19% of the total share capital, all of which were unrestricted shares. After this reduction, his holdings decreased to 0 shares, no longer holding any company shares.

Impact on the Company and Compliance Explanation

The announcement states that Zhang Peng is not a controlling shareholder or actual controller of the company. The implementation of this reduction plan will not lead to a change in the company’s control, nor will it have a significant impact on the company’s governance structure or future sustainable operations. At the same time, this reduction strictly complies with the Securities Law, Company Law, and relevant rules of the Shenzhen Stock Exchange, consistent with the previously disclosed reduction plan, with no illegal or excessive reduction.

The company states that it will continue to monitor changes in shareholders’ holdings and fulfill information disclosure obligations in accordance with relevant laws and regulations in a timely manner.

Disclaimer: The market carries risks; investment should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. Any information appearing in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for accuracy. If you have questions, contact biz@staff.sina.com.cn.

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Editor: Xiao Lang Express