Sunyes Electronic shareholder drops below 5% amid equity changes

Shenzhen Sunyes Electronic Manufacturing Holding (SZSE:002388) announced a significant shift in its shareholder structure. Shenzhen New Power Electronic Group and its acting in concert parties have reduced their combined shareholding to 3.5606%, or 18,183,721 shares, falling below the 5% threshold requiring specific disclosure. This change comes after a series of forced auctions, court-ordered transfers, and other transactions occurring between December 4, 2024, and March 18, 2025.