Haohai Biotech (06826) announced that as of the disclosure date of this announcement, Mr. Lou Guoliang holds a total of 8.6117 million shares of Shanghai Haohai Biotech Co., Ltd. (hereinafter referred to as the 'Company'), accounting for 3.66% of the Company's total share capital of 0.235 billion shares. The above shares are from the shares obtained before the Company's initial public offering and the shares obtained through capital reserve fund conversion, among which the shares obtained before the initial public offering were lifted from restriction and listed on the market on October 30, 2020, and the shares obtained through capital reserve fund conversion will be listed on June 20, 2024.
Mr. Lou Guoliang plans to reduce his holdings by no more than 0.6 million shares, which accounts for no more than 0.2548% of the company's total share capital of 0.235 billion shares, through centralized bidding and bulk trading methods within 3 months after 3 trading days from the date of this announcement, due to his own capital needs. Among them, no more than 0.6 million shares will be reduced through centralized bidding, and no more than 0.6 million shares will be reduced through bulk trading. The reduction price will be determined based on the secondary market price.
Mr. Lou Guoliang will no longer be a shareholder of the company with more than 5% of the shares from July 7, 2021. The plan to reduce holdings this time is based on Mr. Lou Guoliang's public commitment when the company was listed on the Sci-Tech Innovation Board of the Shanghai Stock Exchange.