603358: Huada Automotive Technology Corp.Ltd(603358) announcement on the early termination of the centralized bidding reduction plan of shareholders and directors, supervisors and senior management and the results of share reduction

Securities code: 603358 securities abbreviation: Huada Automotive Technology Corp.Ltd(603358) Announcement No.: 2022-004

Huada Automotive Technology Corp.Ltd(603358)

Announcement on the early termination of the centralized bidding reduction plan of shareholders and directors, supervisors and senior management and the results of share reduction

The board of directors, all directors and relevant shareholders of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

Basic information of shareholding of major shareholders and directors, supervisors and senior managers

Before the reduction plan, Chen Jinghong, the shareholder of Huada Automotive Technology Corp.Ltd(603358) (hereinafter referred to as “the company”), held 233787410 shares of the company, accounting for 53.2497% of the total shares of the company; Ge Jianghong, the shareholder, holds 30695689 shares of the company, accounting for 6.9915% of the total shares of the company. Chen Jinghong and Ge Jianghong, acting in concert, hold 264483099 shares of the company, accounting for 60.2412% of the total shares of the company;

Implementation results of centralized bidding reduction plan

From January 11 to January 18, 2022, Chen Jinghong reduced 4390000 shares of the company through centralized bidding trading on Shanghai Stock Exchange, accounting for 0.9999% of the total shares of the company.

1、 Basic information of the subject of centralized bidding reduction before reduction

Number of shares held

Shareholder name shareholder identity shareholding proportion current shareholding source (shares)

More than 5% of Chen Jinghong’s first 233787410 53.2497% obtained 89744100 major shareholder shares before IPO, and the company’s capital reserve was converted into share capital after listing

152123310 shares

There are persons acting in concert with the above reduction subjects:

Shareholding number concerted action relationship form shareholder name shareholding proportion

(share) causes

Group 1 Ge Jianghong 30695689 6.9915% Ge Jianghong is the son-in-law of Mr. Chen Jinghong

Total 30695689 6.9915% –

2、 Implementation results of centralized bidding reduction plan

(1) Major shareholders and directors, supervisors and senior executives disclose the implementation results of the centralized bidding reduction plan due to the following matters:

Other circumstances: shareholders terminate the reduction plan in advance

Reduction price

Reduction quantity reduction grid interval reduction total amount reduction completed current number of shares current shareholder name reduction proportion reduction period

(share) formula (yuan / (yuan) situation (share) proportion (share)

Chen Jinghong 4390000.9999% 2022 / 1 / 11 ~ centralized bidding 19.67 - 86625614.70 unfinished: 229397410 52.2498% 2022 / 1 / 18 price transaction 19.89 4390800

thigh

~ -

(2) Whether the actual reduction is consistent with the previously disclosed reduction plan and commitment √ yes □ no (III) whether the reduction time interval expires and whether the reduction has not been implemented □ not implemented √ implemented

(4) Whether the actual reduction has not reached the minimum reduction quantity (proportion) of the reduction plan √ not reached □ reached the shareholders’ early termination of the reduction plan

(5) Whether to terminate the reduction plan in advance √ yes □ no

Shareholders terminate the reduction plan in advance

It is hereby announced.

Huada Automotive Technology Corp.Ltd(603358) board of directors January 19, 2022

- Advertisment -