Shanxi Keda Automation's multiple controlling shareholders' concerted actors complete their share reduction, totaling over 28 million yuan in cashing out

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On March 25th, Shanxi Keda Automation Co., Ltd. (hereinafter referred to as “Keda Automation”) announced the results of shareholder share reductions, disclosing the recent reduction plans of multiple concerted parties among the company’s controlling shareholder and actual controller. The announcement shows that Li Huiyong, Chen Hao, Ji Jinrong, and six other shareholders collectively reduced 2.0566 million shares through centralized bidding, with a total cash amount of approximately 28.1125 million yuan. Some shareholders have completed their reduction plans, while others have not finished due to the expiration of the reduction period.

Background of the reduction subjects: all are concerted parties of controlling shareholders

The announcement indicates that the eight shareholders involved in this reduction are all concerted parties of Keda Automation’s controlling shareholder and actual controller, with some also serving as directors or senior management of the company. Before the reduction, these shareholders held approximately 16.35% of the shares, mainly acquired before listing (including rights distribution and share transfer-in) and through equity incentives.

Reduction implementation results: 2 shareholders completed the plan, 6 did not

According to the announcement, the reduction plans of the above shareholders were to be implemented from December 2025 to March 2026, all via centralized bidding. As of the implementation results, Chen Hao and Gao Bo have completed their reductions, while the other six shareholders did not finish due to the expiration of the reduction period.

Core information of the announcement: reduction consistent with plan, no early termination

The announcement clearly states that this reduction is consistent with the plans and commitments previously disclosed by the shareholders, with no unimplemented or prematurely terminated reduction plans. As of the disclosure date, these shareholders still hold approximately 15.5714 million shares, accounting for about 14.78% of the total share capital.

Keda Automation states that this shareholder reduction is due to the shareholders’ own capital needs and will not have a significant impact on the company’s governance structure or ongoing operations. The company will continue to monitor subsequent shareholding changes and strictly fulfill its information disclosure obligations according to relevant regulations.

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

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Editor: Xiao Lang Express