Dian Guang Explosion-Proof Technology’s controlling shareholder reduces stake by 1.05%
Dian Guang Explosion-Proof Technology Co., Ltd. has disclosed that its controlling shareholder, Dian Guang Technology Co., Ltd., and actual controller, Mr. Shi Suibiao, have reduced their combined shareholding, triggering a 1% threshold change. Between August 6, 2025, and October 20, 2025, Mr. Shi Suibiao sold 297,400 shares through centralized bidding, representing 0.08% of the company's total share capital.
During the same period, Dian Guang Technology Co., Ltd. reduced its stake by 2,244,800 shares (0.62%) via centralized bidding and 1,248,000 shares (0.34%) through block trading. Following these transactions, the combined shareholding of the company's controlling shareholder and its concerted parties decreased from 55.00% to 53.95%.
This equity change, involving a total reduction of 3,790,200 shares or 1.05% of the total share capital, is a decrease in shares and does not involve a tender offer. The company confirmed that this will not alter its controlling shareholder or actual controller, nor will it impact the company's governance structure or ongoing operations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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