Shanghai Shunho New Materials Technology Co.Ltd(002565) : Zhang Shaohuai, acting in concert with the controlling shareholder, illegally reduced 4.062 million shares

Shanghai Shunho New Materials Technology Co.Ltd(002565) on the evening of February 16, the company announced that on February 16, 2022, the company received the explanation and apology letter for selling shares of the company due to misoperation and violation issued by Zhang Shaohuai, the person acting in concert of the controlling shareholder of the company. According to the announcement, Zhang Shaohuai’s stock account reduced its holdings of 4.062 million shares of the company’s non tradable shares through centralized bidding trading on February 14, 2022 due to misoperation, accounting for 0.3779% of the company’s total share capital. The average transaction price was 4.635 yuan / share, and the transaction amount was 18.5688 million yuan. Before the illegal reduction, Zhang Shaohuai held 20.4648 million shares of the company, accounting for 1.93% of the total share capital of the company. After the reduction, the number of shares it held fell to 16458700 shares, accounting for 1.55% of the total share capital of the company.