Shenzhen Zhaowei shareholder stake dips below key threshold

Shenzhen Zhaowei Machinery & Electronic (SZSE:003021) announced that shareholder Qingmo Venture Capital reduced its stake in the company. Between June 5, 2025, and June 9, 2025, Qingmo Venture Capital sold 2,049,000 shares via centralized bidding and 570,000 shares through block trades. This resulted in a total reduction of 2,619,000 shares, representing 1.0903% of the company's total share capital. Following these transactions, Qingmo Venture Capital’s holding in Shenzhen Zhaowei decreased to 22,021,000 shares, accounting for 9.1676% of the total share capital. The company's controlling shareholder, Shenzhen Qianhai Zhaowei Financial Holding, and actual controller, Li Haizhou, remain unchanged.