Wuxi Huajian Equipment Co., Ltd. and its shareholders: about 16 million yuan

Wuxi Autowell Technology Co.Ltd(688516) (SH Wuxi Autowell Technology Co.Ltd(688516) , closing price: 191.07 yuan) announced on April 25 that Wuxi Autowell Technology Co.Ltd(688516) received the notification letter on the implementation of the Wuxi Autowell Technology Co.Ltd(688516) reduction plan and the cumulative reduction of 5% from the company’s shareholder Wuxi Huaxin safety equipment Co., Ltd. and its person acting in concert, Mr. Lin Jian, on April 25, 2022. From July 11, 2021 to April 25, 2022, Wuxi Huaxin safety equipment Co., Ltd., the shareholder of the company, and Lin Jian, the person acting in concert, reduced about 4.9904 million shares of the company, with a reduction ratio of 5.06%.

From January to December 2021, Wuxi Autowell Technology Co.Ltd(688516) the operating revenue composition is: equipment manufacturing accounts for 89.0%, transformation and others account for 10.91%.

Wuxi Autowell Technology Co.Ltd(688516) ‘s chairman and general manager are Ge Zhiyong, male, 52, with a master’s degree.

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