Baoding Lucky Innovative Materials' major shareholder plans stake reduction

China Lucky Film Group, acting in concert with Baoding Lucky Innovative Materials' controlling shareholder, plans to reduce its stake by up to 2.50% (21,135,252 shares) within three months following November 3, 2025. This reduction, aimed at meeting the shareholder's funding needs, will be executed via concentrated bidding and block trading. As of the disclosure date, China Lucky Film Group holds 62,023,754 shares, representing 7.34% of the company's total share capital.

The company noted that its indirect holding subsidiary, Wuhan Jiahua Automobile Plastic Products Co., Ltd., has been recognized as a "Little Giant" enterprise, indicating its strength in niche markets and innovation. Wuhan Jiahua, where Baoding Lucky Innovative Materials holds a 51.02% stake through its wholly-owned subsidiary Chengdu Aerospace Moulding Co., Ltd., reported revenue of 418 million yuan and a net profit of 42 million yuan in 2024. This recognition is expected to enhance Wuhan Jiahua's industry influence and brand image, strengthening the company's market competitiveness.

The reduction plan is a normal market operation and is not expected to materially impact the company’s governance, equity structure, or long-term operations, nor will it change the company’s control.