Shouhua Gas: Controlling Shareholder and Concerted Parties' Shareholding Ratio Passively Diluted to 14.92%

K-LinePoet · 2026-03-21T10:37:27+00:00

Shouhua Gas announced that its controlling shareholder Shanghai Houde Miaojing Business Consulting Co., Ltd. and its concerted action persons Shanxi Huijing Enterprise Management Consulting Co., Ltd. and Liu Jinli experienced passive dilution of their shareholding ratio to 14.92% due to the conversion of convertible bonds into shares, which resulted in an increase in total share capital. This equity change does not involve shareholders' increase or decrease in share holdings, does not trigger a mandatory tender offer, will not result in a change of control of the company, and will not have any impact on the company's governance structure or continuous operations.

K-LinePoet

2026-03-21 10:37:27

Shouhua Gas Announcement: The company’s controlling shareholder, Shanghai Houde Miaojing Business Consulting Co., Ltd., and its concerted action partner, Shanxi Huijing Enterprise Management Consulting Co., Ltd., Liu Jinli, experienced an increase in total share capital due to convertible bond conversions, resulting in a passive dilution of their shareholding ratio to 14.92%. This equity change does not involve shareholders increasing or decreasing their holdings, does not trigger a mandatory offer, will not lead to a change in the company’s control, and will not affect the company’s governance structure or ongoing operations.

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