Yiwei Lithium Energy: Plans to reduce holdings of no more than 3.5% of Smoore International shares at an appropriate time

Yiwei Lithium Energy: Plans to reduce holdings of no more than 3.5% of Smoore International shares at an appropriate time

EVE Energy (300014) issued an announcement, agreeing to authorize the company's chairman to reduce the holdings of no more than 3.5% of the shares of Smoore International Holdings Limited held by the company's wholly-owned subsidiary EBIL at an appropriate time.

On the evening of June 27, EVE Energy (300014) issued the "Announcement on the Expiration of the Plan for Reducing the Holdings of the Shareholding Company and the Subsequent Reduction Plan", agreeing to authorize the company's chairman to reduce the holdings of no more than 3.5% of the shares of Smoore International Holdings Limited held by the company's wholly-owned subsidiary EVE BATTERY INVESTMENT LTD through block trading within one year from the date of the board of directors' approval.

EVE Energy said that as of the date of this announcement, the previous reduction plan has expired and the company has not reduced the holdings of Smoore International shares held by EBIL.

EVE Energy's announcement stated that the company's wholly-owned subsidiary EBIL holds 1,901,520,000 shares of Smoore International, accounting for approximately 30.98% of the total number of Smoore International's issued shares.

In order to enhance the company's dynamic market value management, make full use of existing resources, maximize the company's economic benefits, and further increase the company's R&D platform construction and R&D investment, the company intends to request the board of directors to authorize the company's chairman to reduce EBIL's holdings of no more than 3.5% (approximately 214,819,500 shares) of Smoore International shares through block trading within one year from the date of the board of directors' approval.

In the announcement, EVE Energy stated that according to the relevant provisions of the "Shenzhen Stock Exchange ChiNext Stock Listing Rules" and the "Company Articles of Association", this reduction has been reviewed and approved at the 35th meeting of the sixth board of directors of the company, and does not need to be submitted to the company's shareholders' meeting for approval.