CATL Plans to Reduce Hunan Yuneng Stake by Up to 3%

According to an announcement by Hunan Yuneng (301358.SZ), Ningde Times, a shareholder holding more than 5% of the company's shares, plans to reduce its stake by no more than 25,300,006 shares—representing up to 3% of the company’s total share capital—within three months starting from the 15th trading day after the disclosure of this reduction plan. The shares will be sold through centralized bidding and block trading. This reduction is part of Ningde Times’ normal investment arrangements and capital management needs.