Zhongji Innolight: Shareholding dilution exceeds 1% threshold

Zhongji Innolight (SZSE:300308) announced that the shareholding of its controlling shareholder, Shandong Zhongji Investment Holding Co., Ltd., and its concerted parties, Wang Weixiu and Wang Xiaodong, was passively diluted by more than 1% on May 27, 2025. The dilution occurred because of the exercise of share options related to the company's second restricted stock incentive plan, which increased the total share capital to 1,109,117,734 shares. Post-dilution, the combined shareholding of Shandong Zhongji Investment Holding and the concerted parties decreased from 18.064% to 17.992%. The company clarified that this change does not violate any relevant regulations or impact the company's control structure or operations.