On November 28, Glorious Exchange reported that wuxi delinhai environmental technology (688069.SH) announced on November 2, 2024, that it disclosed the "Announcement on the Shareholder's Plan for Large Shareholder Trades" on the Shanghai Stock Exchange website. Due to personal financial needs, Mr. Chen Hong plans to reduce his holdings in the company through a large trade of no more than 2,260,000 shares, which means the reduction will not exceed 2% of the company's total share capital. As of now, the aforementioned reduction plan has been completed, and Mr. Chen Hong has actually reduced his shares by 2,200,000, accounting for 1.95% of the company's total share capital.
This change in equity is due to the reduction by non-first major shareholders holding more than 5% of the company's shares and reasons such as share repurchases and cancellations, leading to changes in the total number of shares. After this change in equity, Mr. Chen Hong holds 8,908,400 shares of the company, with his shareholding proportion decreasing from 10.09% to 7.88%, a total reduction of 2.21%. This does not trigger a mandatory offer and will not lead to changes in the company's controlling shareholder and actual controller, nor will it affect the company's governance structure or continued operation.