Shanghai Auto Parts: The percentage of ownership of shareholders with more than 5% of the shares has decreased to 14%.
Shanghai Automotive Parts announced that Gloli International Company, a shareholder holding more than 5% of the shares, and Di Zhikai International Trade Co., Ltd. are acting in concert as coordinating parties. Between September 15 and November 6, 2025, they reduced their holdings through centralized bidding and block trading. The total shareholding percentage before the equity change was 15%, which decreased to 14% after the change. This equity change will not result in a change of the company's controlling shareholder or actual controller, it complies with the reduction plan, and does not trigger a mandatory takeover offer.
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