APAT controlling shareholders reduce convertible bond holdings by over 10%

Jiangsu Asia-Pacific Light Alloy Technology announced that its controlling shareholders, Zhou Fuhai and Yu Lifen, collectively reduced their holdings in "APAT Convertible Bonds" by 1,172,592 units, representing 10.12% of the total issued amount. This change occurred between July 22, 2025, and September 8, 2025, through competitive bidding and block trading.

Prior to these transactions, Zhou Fuhai held 3,403,783 units (29.37%) and Yu Lifen held 370,000 units (3.19%). Following the sales, Zhou's holdings decreased by 902,592 units to 2,501,191 units (21.58%), while Yu's holdings decreased by 270,000 units to 100,000 units (0.86%).

Cumulatively, their combined stake in the convertible bonds now stands at 2,601,191 units, or 22.44% of the total issue. The company confirmed that this change complies with relevant regulations, including the Shenzhen Stock Exchange Listing Rules.