Shanghai Prit Composite Materials controlling shareholder and actual controller Zhou Wen has voluntarily committed not to reduce his direct or indirect holdings in the company in any way for the next 12 months starting from July 28, 2026. Zhou Wen currently holds 446,987,270 shares, representing 40.18 percent of the company's total share capital, and has not reduced his holdings in the past 12 months. The commitment also covers new shares from bonus issues or capitalisation of reserves. If the commitment is breached, all proceeds from the share reduction will belong to the company. The board of directors will continuously monitor compliance with the commitment.
Shanghai Pret CompositesControlling shareholder commits to no share reduction for 12 months, signaling confidence and reducing overhang risk.