Changling Hydraulic: Core Breakwave completes 12.00% share acquisition

Changling Hydraulic Announcement: Core Breakwave has completed the acquisition of 17.29M shares at a price of 35.82 yuan per share, accounting for 12.00% of the company’s total share capital. After this acquisition, Core Breakwave and its concerted actors hold a total of 41.99% of the company’s shares. The company’s actual controller has changed to the Jiangyin High-tech Industrial Development Zone State-owned Assets Supervision and Administration Office, Hu Kangkang, and Xu Lantao. The proportion of shares held by the original actual controller Xia Jifa and its concerted actors has decreased from 70.93% to 28.94%.

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