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Jiawei New Energy: Shanghai Chuyang Photovoltaic Power Co., Ltd. has reduced its shareholding to 4.99%
The Paper AI Express, April 8. Jiawei New Energy disclosed that Shanghai Zuyang Photovoltaic Power Co., Ltd. was subject to passive dilution factors such as its reduction in holdings and the increase in share capital of the listed company due to equity incentives. As a result, its number of shares held decreased from 62,644,996 to 41,509,320, and its shareholding percentage fell from 7.58% to 4.9999%, which rounds to 4.99%. This equity change was completed on April 7, 2026. The means of the change include transactions through the securities exchange via centralized trading, block trading, and passive dilution. As of the date of signing of the report, Shanghai Zuyang Photovoltaic Power Co., Ltd. holds 41,509,320 shares of the company’s unrestricted circulating shares, representing 4.9999% of the total share capital. Of these, 41,509,135 shares are pledged and 15,451,536 shares are frozen. This equity change will not result in any change in the company’s controlling shareholder or actual controller.
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