Hengli Hydraulic's major shareholders adjust equity holdings

Jiangsu Hengli Hydraulic Co., Ltd. has disclosed changes in equity holdings by its controlling shareholder, Synos Technology (Hong Kong) Limited, and its concert parties, Hengli Holdings and Ningbo Hengyi Investment. The combined stake held by these parties decreased from 65.96% to 65.00%, triggering a 5% threshold change.

This equity adjustment, which occurred between September 29, 2025, and November 20, 2025, involved Synos Technology reducing its holdings by 12,840,924 shares, representing 0.96% of the company's total shares, through block trades and centralized bidding. Post-adjustment, Hengli Holdings holds 36.9531%, Synos Technology holds 14.7576%, and Ningbo Hengyi holds 13.2893%.

The company confirms this change aligns with previously disclosed plans, does not trigger a mandatory tender offer, and will not alter the company's controlling shareholder or actual controller.