Henan Nongyi Industrial, a shareholder of Henan Qiule Seed Industry, plans to reduce holdings of no more than 3.3 million shares, accounting for 1.9975% of total share capital.

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On March 19, 2026, Henan Qiule Seed Industry Technology Co., Ltd. (hereinafter referred to as “Qiule Seed Industry”) announced a pre-disclosure of a shareholder holding more than 5% planning to reduce holdings (re-disclosure). The company’s shareholder, Henan Nongtou Industrial Investment Co., Ltd. (hereinafter referred to as “Henan Nongtou Industrial”), plans to reduce its shares in the company over a period of time, with a reduction not exceeding 3.3 million shares, accounting for 1.9975% of the total share capital.

Key Content of the Reduction Plan

According to the announcement, the specific details of Henan Nongtou Industrial’s reduction plan are as follows: a reduction of no more than 3.3 million shares, representing 1.9975% of the total share capital; the reduction will be conducted through centralized bidding or block trades; the reduction period is within three months after 15 trading days from the date of this announcement; the reduction price will be at market prices; the source of the shares to be reduced includes shares acquired before listing and subsequent increases; the reason for reduction is for business development needs.

It is noteworthy that Qiule Seed Industry already disclosed a “Pre-disclosure of Shareholders Holding More Than 5% Planning to Reduce Shares” (Announcement No.: 2026-011) on the designated information disclosure platform of Beijing Stock Exchange on February 26, 2026. This is a re-disclosure, and the content of the reduction plan is consistent with the previous one.

Shareholder and Concerted Action Holder Shareholding Status

Henan Nongtou Industrial is a shareholder holding more than 5% of Qiule Seed Industry. As of the disclosure date, it held 10,273,836 shares, accounting for 6.2190% of the total share capital, sourced from shares acquired before listing and subsequent increases.

Additionally, Henan Biological Breeding Center Co., Ltd. is a concerted action holder of Henan Nongtou Industrial. This company holds 8.5 million shares of Qiule Seed Industry, accounting for 5.1453% of the total share capital.

Compliance Explanation of the Reduction

The announcement states that this reduction plan does not violate laws and regulations such as the “Company Law,” “Securities Law,” “Stock Listing Rules of Beijing Stock Exchange,” “Guidelines for Continuous Supervision of Listed Companies of Beijing Stock Exchange No. 8—Share Reduction,” or other relevant regulations and restrictions on reduction, nor does it breach any commitments made by the relevant entities.

Henan Nongtou Industrial made a commitment when Qiule Seed Industry was listed: within 12 months from the date of the company’s public offering and listing, it will not transfer or entrust others to manage the shares it held before the company’s public offering, nor will the company repurchase these shares; during the reduction, it will strictly comply with regulatory rules and fulfill disclosure obligations. There are no circumstances of breach of these commitments in this reduction.

At the same time, this reduction will not lead to changes in the company’s controlling shareholder or actual controller, nor will it adversely affect the company’s production and operation. The company has no major negative issues or significant risks. If conducted through block trades, the transferee cannot reduce their received shares within six months after the transfer.

Risk Reminder

Qiule Seed Industry reminds that there are uncertainties in the implementation of this reduction plan. Henan Nongtou Industrial will decide whether and how to implement the reduction based on market conditions, the company’s stock price, and other factors. There are uncertainties regarding the timing, quantity, and price of the reduction, and risks that the plan may not be fully or partially implemented. The company will fulfill its information disclosure obligations in a timely manner during the implementation period. Investors are advised to invest rationally and be aware of investment risks.

Disclaimer: The market carries risks; please invest cautiously. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. All information in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for accuracy. For questions, contact biz@staff.sina.com.cn.

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