Suzhou West Deane New Power Electric (603312.SH) controlling shareholder plans to increase holdings of company shares by 10 million to 20 million yuan.

Suzhou West Deane New Power Electric (603312.SH) announced that on July 9, 2026, Mr. SHENG JIAN HUA, one of the controlling shareholders and actual controllers of the company, increased its holdings of the company's shares by 614,900 shares, accounting for approximately 0.38% of the total share capital, with a total amount of 19.4464 million yuan (excluding transaction costs) through centralized bidding trading on the Shanghai Stock Exchange. Mr. SHENG JIAN HUA and Ms. PAN SHU XIN, the actual controllers of the company, plan to increase their holdings of the company's shares through centralized bidding trading on the Shanghai Stock Exchange within 6 months from the date of the announcement, with a total amount not less than 10 million yuan (including) and not more than 20 million yuan (including), based on their confidence in the future stable development of the company and their recognition of its long-term investment value, in order to strengthen investor confidence.