Shenzhen SC New Energy shareholder ends share reduction plan early

Mr. Li Shijun, a shareholder of Shenzhen SC New Energy Technology Corp, has prematurely ended his share reduction plan, which was initially scheduled to run from September 11, 2025, to December 10, 2025. The plan aimed to reduce his holdings by up to 3,000,000 shares, representing 0.8649% of the company's total share capital at the time.

Between November 6, 2025, and November 13, 2025, Mr. Li sold 2,936,372 shares through centralized bidding, at an average price of 99.06 yuan per share. This transaction reduced his total holdings from 9,069,702 shares (2.6103% of total share capital) to 6,133,330 shares (1.7652%). All shares involved were unrestricted tradable shares.

The company confirmed that the reduction plan complied with relevant regulations and did not violate any rules set by the Shenzhen Stock Exchange. Mr. Li Shijun is not a controlling shareholder, actual controller, director, or senior manager of the company, and the reduction will not result in a change of control or negatively impact the company's governance and operations.