Desay SV shareholder's equity shift triggers reporting requirement

Huizhou Desay Sv Automotive (SZSE:002920) announced that shareholder Huizhou Innovation Investment Co., Ltd. has adjusted its stake, triggering a reporting requirement. Between February 21, 2025, and March 10, 2025, Huizhou Innovation Investment decreased its holdings by 2,772,800 shares via block trades, representing a 0.50% change in the company's total share capital. This adjustment brings Huizhou Innovation Investment's ownership to an even 25.00% of Desay SV's total share capital, down from 25.50%. The shares were disposed of at an average price of CNY 117.61.