Green Harmonic's latest announcement reveals that the controlling shareholder and actual controller of the company, Zuo Jing, will reduce their total holdings of the company's shares by no more than 2748190 shares, which is no more than 1.50% of the total company shares. The total number of shares held by the controlling shareholder and actual controller of the company, Zuo Yuyu, shall not exceed 2748190, which is not more than 1.50% of the total number of shares held by the company.
The reduction methods include centralized bidding trading and bulk trading. The period for reducing holdings through centralized bidding trading is within 3 months after the announcement is made, and within any consecutive 90 days, the total number of shares reduced by Zuo Jing and Zuo Yuyu shall not exceed 1.00% of the company's total share capital; The period for reducing holdings through bulk trading shall be within 3 months after 15 trading days from the date of this announcement, and within any consecutive 90 days, the total number of shares reduced shall not exceed 2.00% of the total share capital of the company.
Both of them reduced their holdings of shares based on the shares already acquired before the company's initial public offering and the shares obtained through centralized bidding transactions. According to the announcement, both Zuo Jing and Zuo Yuyu reduced their holdings for their own financial needs. The announcement emphasizes that this reduction plan will not have a significant impact on the company's governance structure and ongoing operations.
Green Harmonic is a high-tech enterprise specializing in the research and development, design, production, and sales of precision transmission devices. Its products include harmonic reducers and precision components, mechatronics actuators, micro electro-hydraulic servo devices, intelligent automation equipment, and more. The product is widely used in high-end manufacturing fields such as industrial robots, service robots, CNC machine tools, medical equipment, semiconductor production equipment, and new energy equipment.
As a leading player in the domestic harmonic reducer industry, Green Harmonic has previously achieved industrial production and large-scale application of harmonic reducers in China, breaking the monopoly of international brands in the field of robot harmonic reducers in China. In August 2020, Green Harmonic officially landed on the Shanghai Stock Exchange's Science and Technology Innovation Board.
