Zhongji Innolight adjusts capital, controlling shareholders reduce stake

Zhongji Innolight (SZSE:300308) reported on September 18, 2025, a cumulative decrease exceeding 1% in the shareholding of Suzhou Yixingfu Enterprise Management Partnership and its persons acting in concert. Their combined stake, including entities like ITC Innovation Limited and Suzhou Yunchengjin Enterprise Management Partnership, decreased from 9.4170% to 8.9999% as of September 17, 2025. This change resulted from open market sales totaling 4,634,100 shares.

Concurrently, Zhongji Innolight's board approved a reduction in its registered capital on August 25, 2025, which was subsequently passed at a shareholders' meeting on September 17, 2025. The company's total share capital will decrease from 1,121,166,509 shares to 1,111,118,334 shares, aligning the registered capital from yuan 1,121,166,509 to yuan 1,111,118,334. This adjustment is primarily due to the cancellation of repurchased shares and the exercise of restricted stock options.

Creditors of Zhongji Innolight are invited to declare their claims within 45 days from September 18, 2025, in accordance with the "Company Law of the People's Republic of China." The company confirmed that these changes will not alter its control structure or significantly impact its corporate governance and operations.