Purse shareholder Huiqiao Hongjia completes share reduction plan, cumulatively reduces 557,300 shares and realizes approximately 37.73 million yuan

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Prues (Shanghai) Pharmaceutical Technology Development Co., Ltd. (hereinafter referred to as “Prues”) recently announced the completion of its shareholder reduction plan. The company’s shareholder, Shanghai Hongjia Private Equity Fund Management Co., Ltd. – Ningbo Huqiao Hongjia Venture Capital Partnership (Limited Partnership) (hereinafter referred to as “Huqiao Hongjia”), has completed the previously disclosed reduction plan, reducing a total of 557,320 shares, accounting for 0.7054% of the company’s total share capital, at an average price of 67.70 yuan per share, with an estimated cash amount of about 37.73 million yuan.

Details of the Reduction Plan Implementation

The announcement shows that Huqiao Hongjia’s reduction plan was disclosed in a pre-disclosure announcement on January 14, 2026. The plan was to reduce no more than 557,320 shares (0.7054% of total share capital) within three months after the announcement, through centralized bidding or block trades. As of March 16, 2026, the reduction plan has been completed, with the actual reduction carried out via centralized bidding transactions.

Shareholding Changes Before and After Reduction

Before this reduction, Huqiao Hongjia held 557,320 shares of Prues, accounting for 0.7054% of the company’s total share capital. After the reduction, its holdings dropped to 0 shares, no longer holding any company shares.

Other Matters

The announcement states that Huqiao Hongjia, as a venture capital fund that meets the “Special Regulations on Share Reduction by Shareholders of Listed Companies,” has been filed with the Asset Management Association of China. The applicable regulation states that “for investments held for more than 48 months but less than 60 months, the total reduction through centralized bidding and/or block trades within one month shall not exceed 1% and/or 2% of the company’s total shares.” The implementation of this reduction plan complies with the “Securities Law,” “Interim Measures for the Management of Share Reduction by Shareholders of Listed Companies,” and other relevant laws and regulations. It is consistent with the previously disclosed reduction plan and did not exceed the planned reduction.

Additionally, Huqiao Hongjia is not a controlling shareholder, actual controller, or concerted party of Prues. This reduction will not lead to a change in the company’s control or affect its ongoing operations. Furthermore, Huqiao Hongjia has strictly fulfilled the commitments made at the time of the company’s initial public offering and listing on the ChiNext board, with no breach of commitments.

Prues states that after the completion of this reduction plan, the company will continue to monitor shareholder shareholding changes and strictly fulfill its information disclosure obligations in accordance with relevant laws and regulations.

Disclaimer: The market carries risks; investment should be cautious. 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. If you have any questions, contact biz@staff.sina.com.cn.

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Editor: Xiao Lang Kuai Bao