Kaili Bo Chengdu Fund to take 5% stake in Hunan Zhongke Electric

Hunan Zhongke Electric announced progress in its strategic investor introduction, with Kaili Bo (Chengdu) New Energy Equity Investment Fund Partnership confirming its commitment. Kaili Bo Chengdu Fund has issued a letter of undertaking, pledging not to reduce its stake in Hunan Zhongke Electric for 12 months following the completion of the share transfer registration. This commitment covers various reduction methods, including secondary market transactions, block trades, and agreement transfers.

The share transfer, initially agreed upon on October 30, 2025, involves the company's controlling shareholders and their concert parties, along with other shareholders, collectively transferring 34,278,187 unrestricted tradable shares to Kaili Bo Chengdu Fund. This represents 5.001% of the company's total share capital. The transfer price is yuan 23.34 per share, totaling yuan 800,052,884.58.

Upon successful completion, Kaili Bo Chengdu Fund will become a shareholder holding more than 5% of Hunan Zhongke Electric. The transaction is contingent on compliance confirmation from the Shenzhen Stock Exchange and subsequent transfer procedures with China Securities Depository and Clearing Corporation Limited, Shenzhen Branch.