Konte (300445) shareholder Pujiangchuan reduces holdings by 2.48 million shares, bringing its ownership stake down to 8.0063%

Beijing Constar Instrument Technology Co., Ltd. (hereinafter referred to as “Constar”, stock code: 300445) recently announced the completion of a shareholder reduction plan. Ms. Pu Jiangchuan, a shareholder holding more than 5% of the company, reduced her holdings by 2.48 million shares through block trading, accounting for 1.1674% of the company’s total share capital. After this reduction, her shareholding ratio decreased from 9.1737% to 8.0063%, and the reduction plan was completed ahead of schedule.

Early Completion of Reduction Plan, Reduction Amount Accounts for 1.1674% of Total Share Capital

The announcement shows that Constar disclosed the “Pre-disclosure Announcement on the Proposed Reduction of Shares by Shareholders Holding More Than 5% through Block Trading” on February 4, 2026. Due to personal financial needs, Ms. Pu Jiangchuan plans to reduce her holdings by no more than 2.98 million shares through block trading within three months after 15 trading days from the disclosure date.

Recently, the company received Ms. Pu Jiangchuan’s “Notice of Completion of the Reduction Plan,” indicating that her reduction plan has been terminated and completed ahead of schedule. According to disclosures, on April 1, 2026, Ms. Pu Jiangchuan reduced her holdings by 2.48 million shares via block trading, representing 1.1674% of the total share capital. After this reduction, she will not reduce any remaining shares during the remaining reduction period.

Changes in Shareholding Before and After the Reduction

Compliance of Reduction Activity Does Not Affect Company Control

Constar stated in the announcement that Ms. Pu Jiangchuan’s reduction activity does not violate the “Interim Measures for the Management of Shareholder Reductions in Listed Companies,” “Guidelines for Self-Regulation of Listed Companies on the Shenzhen Stock Exchange No. 18—Shareholders, Directors, and Senior Management’s Reduction of Shares,” or other relevant laws, regulations, and normative documents. The reduction was pre-disclosed as required, and the reduction amount was within the scope of the disclosed plan, consistent with previously disclosed intentions, commitments, and reduction plans.

Additionally, the announcement emphasizes that Ms. Pu Jiangchuan is not the actual controller, controlling shareholder, or a person acting in concert with such entities. This reduction will not lead to a change in the company’s control nor significantly impact corporate governance or ongoing operations.

Supporting Documents

The documents filed for this announcement include: Ms. Pu Jiangchuan’s “Notice of Completion of the Reduction Plan,” the daily shareholding change details of shareholders holding more than 5% registered with China Securities Depository and Clearing Corporation Limited, and other documents required by the Shenzhen Stock Exchange.

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