Guangzhou Longshuo cuts stake in Huasheng Tianlong Photoelectric below 5%

Guangzhou Longshuo Enterprise Management Partnership, a shareholder of Jiangsu Huasheng Tianlong Photoelectric Co., Ltd., has reduced its stake, leading to an equity change. As of October 21, 2025, Guangzhou Longshuo sold 1,554,700 shares through concentrated bidding on the Shenzhen Stock Exchange. This transaction, conducted to meet its operational needs, decreased its holding from 5.77537% (11,580,000 shares) to 4.99999% (10,025,300 shares), no longer classifying it as a shareholder holding over 5%.

The reduction of shares by 0.77539% of the total share capital means Guangzhou Longshuo is no longer a major shareholder. The company previously announced on September 19, 2025, a plan to reduce its holdings by no more than 1% of the total share capital (2,005,065 shares) between October 21, 2025, and January 20, 2026. This recent transaction is part of that pre-disclosed plan.

Jiangsu Huasheng Tianlong Photoelectric confirmed that Guangzhou Longshuo is not its controlling shareholder or actual controller, and this equity change will not alter the company's control, governance structure, or ongoing operations. There are no known restrictions on Guangzhou Longshuo's remaining shares, such as pledges or freezes.