Putailai director completes shareholding increase plan

Shanghai Putailai New Energy Technology (SSE:603659) announced that Director and General Manager Chen Wei concluded his shareholding increase plan on March 19, 2025. Chen Wei purchased 755,935 shares through the Shanghai Stock Exchange's trading system between September 20, 2024, and March 19, 2025. This increased his holdings by 0.0354% of the company's total share capital. The total purchase amount was 7.9519 million RMB. Following the increase, Chen Wei directly holds 176,698,100 shares, representing 8.27% of Putailai's total share capital. With the purchase exceeding the initial lower limit of 7.5 million RMB, the shareholding plan is deemed complete. The company confirmed that the increase does not affect its listing status.