Shandong Kehui Power Automation Co Ltd

Kehui Co. controlling shareholder Shandong Kehui Investment Co. reduced its stake by a combined 3.14 million shares through block trades and competitive bidding on July 29 and 30, representing 3% of the company's total share capital, for a total consideration of 45.87 million yuan. The reduction plan has now been completed. Following this equity change, Kehui Investment's shareholding fell from 26.06% to 23.06%, and its combined holding with persons acting in concert dropped from 35% to 32%. Previously, Kehui Investment had reduced its stake by 1% between September and December 2025. The two reductions together total 4% of the total share capital, both aimed at meeting the exit needs of some of Kehui Investment's shareholders. On the performance front, Kehui Co. achieved three consecutive years of double growth in revenue and net profit attributable to the parent from 2023 to 2025, with net profit attributable to the parent surging 533.81% year-on-year in the first quarter of 2026. The company's share price fell 2.35% today to 14.97 yuan, bringing its year-to-date decline to 13.92%.