Aucksun Lithium major shareholder completes planned stake reduction

Jiangsu Aucksun Co., Ltd. announced today that its major shareholder, Changzheng Co., Ltd., has completed its previously disclosed share reduction plan. Changzheng Co., Ltd. sold 5,938,550 shares, representing 0.51% of the company's total share capital, between September 5, 2025, and September 17, 2025. The sales were conducted via concentrated bidding on the stock exchange at an average price of RMB 18.18 per share.

The reduction follows an initial disclosure on June 19, 2025, where Changzheng Co., Ltd. indicated its intention to sell shares. Prior to the reduction, Changzheng Co., Ltd. held 69,669,800 shares, or 6.04% of the total share capital. Post-reduction, their holding stands at 63,731,250 shares, equivalent to 5.52% of the company.

The company confirmed that the share reduction will not alter its control, governance structure, or ongoing operations. This transaction aligns with all relevant laws and regulations, and Changzheng Co., Ltd. has confirmed adherence to its prior commitments regarding share transfers.