Yicheng New Energy shareholder reduces stake, triggering equity shift

Henan Science and Technology Investment Co., Ltd. has decreased its holdings in Henan Yicheng New Energy through centralized bidding, selling 7,059,916 shares, representing 0.38% of the company's total share capital. This reduction brings Henan Ke Tou's ownership from 6.37% to 5.99%, impacting an equity shift above 1%. Following the transaction, Henan Ke Tou now holds 112,307,988 shares. The shareholder had previously announced plans on May 16, 2025, to reduce its holdings by no more than 37,467,608 shares through both centralized bidding and block trades. The company stated that the reduction aligns with regulations and will not affect the company's governance, equity structure, or continued operation. Henan Ke Tou will keep reducing their position.