Jifeng Auto Parts shareholder reduces stake, triggering 5% threshold

Ningbo Jifeng Auto Parts Co., Ltd. announced that shareholder Yu Wanli reduced his equity interest, triggering the 5% threshold. As of October 31, 2025, Yu Wanli decreased his holdings by 22,925,200 shares through block trading, representing approximately 1.81% of the company's total share capital. Following this transaction, Yu Wanli now holds 63,400,600 shares, bringing his total stake to 5.00%.

Prior to this adjustment, Yu Wanli held 86,325,800 shares, equivalent to 6.81% of the company's total share capital. This change in equity interest does not affect the controlling shareholder or the actual controller of Ningbo Jifeng Auto Parts.

Yu Wanli's share reduction is driven by personal capital requirements. He intends to further reduce his holdings by up to 25,360,000 shares, or 2% of the company's total share capital, through block trading between October 14, 2025, and January 13, 2026. Yu Wanli's holdings currently include 33,850,000 pledged shares, with no other restrictions.