Motic shareholder reduces stake, total holdings fall to 9%

Motic (Xiamen) Electric Group announced that its shareholder, Jiaxing Jiayi Investment Partnership (Limited Partnership), has reduced its stake in the company. The partnership sold 2,649,500 shares through concentrated bidding, representing 0.51% of the company's total share capital.

Following this transaction, Jiaxing Jiayi Investment Partnership (Limited Partnership) now holds 22,858,670 shares, or 4.42% of the total share capital. When combined with its affiliated entity, Jiaxing Jijing Investment Partnership (Limited Partnership), their total holdings amount to 46,566,885 shares, representing 9.00% of the company's total share capital, down from 9.51% previously. This change triggered a 1% integer multiple threshold.

The company previously disclosed a share reduction plan on July 30, 2025, for 5,174,100 shares, representing 1% of the total share capital. This recent transaction falls under that pre-disclosure, though the overall plan is not yet fully executed. The The change does not impact the largest shareholder, controlling shareholder, or actual controller.